B&W Gets $5 Million From Tobacco Commission

Source from:  News Advance 04/12/2011

The Babcock & Wilcox Company announced this morning that it has received a $5 million grant from the Virginia Tobacco Indemnification and Community Revitalization Commission for its Integrated System Test facility under construction at the Center for Advanced Engineering and Research in Bedford County. The grant supports further development of the B&W mPower reactor, a smaller-scale modular reactor. Babcock & Wilcox Nuclear Energy, Inc. and Bechtel Power Corporation have formed a joint company, Generation mPower LLC, to design, license and build the next generation of nuclear power plants based on B&W mPower reactor technology. The test program will collect data to verify the reactor design and safety performance in support of B&W's licensing activities with the Nuclear Regulatory Commission. B&W anticipates the facility will begin testing activities later this summer. Enditem