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The company that made history in January when its 'small modular nuclear reactor' became the first in the nation to receive certification from the Nuclear Regulatory Commission has canceled it due to financial reasons.
The CEO of NuScale Power
Corp defended its small modular nuclear reactor business
on Tuesday, saying work continues in the U.S. and two other
countries after the company canceled its first plant at.
A controversial, high-stakes project that was arguably the most promising attempt to connect a small nuclear reactor to the U.S. electrical grid has been scrapped.