B&W, FirstEnergy begin site selection, licensing studies for small modular reactor

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Charlotte, N.C., July 25, 2012 — The Babcock & Wilcox Co. and FirstEnergy Corp. signed a memorandum of understanding regarding studies on the potential deployment of the B&W mPower small modular reactor in FirstEnergy’s service territory.

FirstEnergy and GmP plan to work together to perform an independent financial review of mPower economics, evaluate several alternative potential sites for construction of B&W mPower nuclear power plants, complete a preliminary pre-licensing analysis, and assess the need and timing for prospective deployment of B&W mPower plants in the FirstEnergy generation fleet.

The B&W mPower SMR is an advanced 180 MWe utility-scale nuclear reactor that incorporates protection systems and an underground containment structure.

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