The Tennessee Valley Authority is keen on paving the way for the emergence of small modular reactors, which cost less to build and can be transported to a location. "We thought the small modular reactors would be a good opportunity, not just for TVA as a future option, but for the country," said Jack Bailey, vice president of nuclear development at TVA. The utility has invested about $6 million in small-reactor studies, and has allocated an additional $6 million to continue evaluating the construction of up to six of those units on the Department of Energy's Oak Ridge Reservation in Tennessee.

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