US firm unveils game-changing small nuclear reactor that can power 300,000 homes

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US firm unveils game-changing small nuclear reactor that can power 300,000 homes
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“This is a game-changer technology,” says Westinghouse CEO. “If the AP1000 had been in operation at Fukushima, it would have been a total non-event.”

The AP300 nuclear reactor is scheduled to be operational in 2027 and will provide roughly one-third of the power of the flagship AP1000 reactor, according to an official press release by the firm on Thursday.

Nuclear fission reactor electricity produces no greenhouse gas emissions, and smaller nuclear reactors are less expensive to develop.of $6.8 billion. "We have absolute confidence, because the NRC has already licensed every bit of this technology," Durham told CNBC.

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