U.S. to Build $5.4 Billion Modular Nuclear Reactor Amid Energy Transition

The United States is set to build a new $5.4 billion small modular nuclear reactor (SMR) in Tennessee, marking a significant investment in energy infrastructure. The 300 MW plant will be developed through a partnership between GE Hitachi and the Tennessee Valley Authority, a federal utility. This reactor is expected to stabilize electricity prices by showcasing a scalable nuclear option, but its $18 million-per-megawatt cost has raised eyebrows, especially given that the giant Vogtle nuclear sta