News
Large holding company seeks to build nuclear power plant in Butte
“This is real. This is an opportunity for Butte-Silver Bow. For our local companies, REC (Silicon), Montana Resources, all of our companies that are high power users could benefit from this. It’s something I think I can stand behind and I can support,” said Butte-Silver Bow Chief Executive J.P. Gallagher.
They also plan on manufacturing air purifiers and bringing manufacturing of their night vision product to town. They patented the technology for both.
XGen has the backing of Westinghouse and is seeking to build a nuclear power plant that would scale up to 500 megawatts, using specialized eVinci microreactors.
Energy costs main factor in closure of division at Butte company
Earlier this year, REC Silicon announced it would shutter its polysilicon production in Butte because of the rising cost of electricity in the region. It buys energy on the open market.
If you have information that you’d like to share, please feel free to submit.
Supporting MATR is always appreciated and a good way to expand the visibility of your organization
MATR Supporters (view all)
News Catrgory Sponspor:
Welcome to MEDA: Leadership Dedicated to Building Montana's Economy
News Catrgory Sponspor:
Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.