The Tennessee Valley Authority and Babcock & Wilcox have forged a deal to jointly study small modular reactor development. TVA plans to construct at least one unit at its Clinch River Site in Tennessee. "With strong support from [the Department of Energy], we look forward to the successful development, demonstration, and analysis of SMR technology as a potential option to help TVA and the nation meet our clean-energy goals for the future," said Joe Hoagland, senior vice president for policy and oversight at TVA.

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