mPower to build the modular power plants. Such standardized plants will be much quicker to license and build and less costly to own and operate. in June 2011, B&W announced TVA has signed a letter of intent with Generation mPower to build up to six of B&W's modular nuclear reactors at TVA's Clinch River power plant site in Tennessee. TVA is seeking approvals from the NRC. Going modular is a unique opportunity for the US to be in the front of other nuclear industry powers. The sooner the Clinch River plants gets going, the better. If Boeing can build about thirty $150 million planes per month, then B&W/GE/Bechtel could build about ten $375 million modules per month. France made a wise decision to go nuclear about 50 years ago. While France will be enjoying low electric rates, its competitors, such as Germany, the US, etc., will be increasing their electric rates, because they need to invest trillions of dollars over several decades to get to France's low CO2 intensity; a major competitive advantage for France. - France has about 79% of its power from 19 nuclear plants with 58 reactors, and about 12% hydro. Some of its PWR nuclear plants are designed to be partially load-following, its hydro plants and other plants do the rest. - France has leading global nuclear companies, such as Areva, GDF-Suez and EDF. - France reprocesses its "spent" fuel, and that of a few other nations, to make new fuel for nuclear reactors, thereby much