A major manufacturer of power-generation equipment announced plans today to build a small nuclear reactor that company officials touted as a "potential game changer for the global nuclear market."
Babcock & Wilcox Co.'s 125-megawatt reactor would be significantly smaller than the average 1,000-megawatt nuclear reactor and is aimed at plugging a major "market gap," CEO Brandon Bethards said at a Washington press conference. The new reactor might come online as early as 2018.
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