U.S. utilities and startup firms are trying to convince lawmakers, regulators and customers that they can convert aging coal power plants to house small nuclear reactors, a so-far unproven way to deliver electricity.
The burgeoning idea would place fleets of small, modular nuclear reactors at or near former coal-fired power plants and is taking hold across the electricity industry. Utility companies see it as a way to repurpose coal plants they are set to retire and are joining with startups developing the reactors, looking to tap into billions of dollars in federal funding.
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