Gov. Jay Nixon and University of Missouri president Tim Wolfe will join utility executives and business leaders at an event designed to boost support for building small modular nuclear reactors in the state.
The event Monday on the Columbia campus is billed as an economic development summit, while officials await word on a U.S. Department of Energy grant application.
Westinghouse Electric Co. and Ameren Missouri are competing for a share of the $452 million the energy department has set aside for the new technology.
The two companies have teamed up to pursue up to $452 million from Washington to build up to five Small Modular Reactors, or SMR’s, at Ameren’s Callaway County plant. Joseph Zwetolitz is President of the Americas division of Westinghouse. He says SMR’s would be safer than the traditional nuclear reactor.
“This reactor is almost entirely underground, which provides an additional level of safety, with regards to potential postulated accidents, deliberate attacks, tornadoes, those kind of things," Zwetolitz said.