Fulton Business Leaders Push For New Reactor

4 years 11 months 2 weeks ago May 11, 2012 May 11, 2012 Friday, May 11 2012 Friday, May 11, 2012 6:28:00 PM CDT in News
By: Sebastian Martinez
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FULTON - The Fulton Area Development Corporation (FADC) has started a letter-writing campaign in an effort to consolidate community support for a new nuclear reactor in Callaway county. FADC President Bill Hackmann said the benefits of a new plant would go beyond more jobs for the area, explaining, "It really just drives more traffic into this area and that benefits our businesses in the area, it provides more revenue more sales tax."

Governor Nixon announced in April that Ameren Missouri and Westinghouse Electric Company had plans in the works for the new reactor, but the groups are looking for funds from the U.S. Department of Energy to start work. Ameren and Westinghouse are applying for up to $452 million.

If the groups receive the funds, actually building the structure could take anywhere from 5 to 7 years. The reactor would be one of the first small modular reactors in the country. Small modular reactors are the newest generation of nuclear reactors and if the one in Callaway county is successful, Westinghouse would market them across the country.

Ameren and Westinghouse expect a decision on the federal investment to come during the summer.

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