Dive Summary:

• The Department of Energy (DOE) has selected a small modular nuclear reactor project led by the mPower Consortium, which is comprised of Bechtel Corp., Babcock & Wilcox, and the Tennessee Valley Authority (TVA).
• The consortium has proposed deployment of up to five 180-megawatt reactors at an abandoned TVA reactor site in Tennessee.
• The plans call for documentation on the project to be sent to the Nuclear Regulatory Commission by December 2013; early site permits and construction licensing will also be developed for submission over the next year.

From the article:

After reviewing several proposals, DOE selected a project led by Bechtel Corp., Babcock & Wilcox and the Tennessee Valley Authority. The mPower Consortium was formed in in 2010 to support the Generation mPower small modular nuclear reactor design. The consortium includes investor-owned FirstEnergy, TVA, and 13 G&Ts. ...