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In the place with the atomic bomb was developed the Tennessee Valley Authority is hoping to reinvent the concept of nuclear power if this -- so we can build this -- -- be deployed around the world to be one of the best investments -- government -- -- in the utility is betting on a bite -- -- being developed by Babcock and Wilcox is empowered division.
A fraction the size and cost of traditional nuclear plants -- could replace aging coal fired units one for one can't fit a big nuclear -- on one of those old cold sites.
The -- fit empower on that and that's something that's got a lot of utilities excited right now.
The idea for modular nukes grew out of the merchant -- the nuclear ship Savannah.
A compact system built -- the fact we've been shipped to the site.
It will be installed mostly underground reducing terrorist threat and the post new safety system designed to eliminate at Fukushima like disaster.
And what we did was we actually analyze the events of Fukushima as -- occurred.
And -- -- against the empower design shortly after the event happened.
And empower -- written out of Fukushima even at us and incidence of -- Fukushima.
Taxpayers have a big stake in the outcome the government -- -- -- half billion dollars for research and development empower his already received 79 million.
But critics see the potential for a nuclear version of still -- -- taxpayers on the hook subsidies loan guarantees and other supports this administration -- Giving to the nuclear industry at the potential to lose this way more money than we loss was excellent this is absolutely industry taking.
That the administration picking winners and -- -- The developers admit there are a lot of unknown but pledge.
-- be responsible stewards of the taxpayers' purse we're gonna watch this closely we're gonna work hard on this we're gonna stop at every point make sure makes sense supporters of the technology say there is also a huge potential for exports in the jobs that would break.
But the US is at risk of falling behind the world's first modular reactors are already being built it in China.
In Atlanta John Roberts Fox News.
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