Energy Department Awards $94 Million to American Companies to Help Expedite the

[Marlin]

Energy Department Awards $94 Million to American Companies to Help Expedite the Deployments of Small Modular Reactors in the United States

https://www.energy.gov/articles/energy-department-awards-94-million-american-companies-help-expedite-deployments-small

[News Wire]

The U.S. Department of Energy today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors in the United States.

Efforts Support Acceleration of President Trump's Nuclear Energy Renaissance.

WASHINGTON—The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation. Projects will bolster the supply...

The Department of Energy selected eight companies to receive $94 million in cost-shared funding for the deployment of advanced light-water small modular reactors. These grants aim to resolve existing challenges in licensing, supply chain development, and site preparation. This initiative intends to accelerate the commercial availability of Gen III+ reactor technology within the domestic nuclear sector.

Read the full article at Energy.gov: https://www.energy.gov/articles/energy-department-awards-94-million-american-companies-help-expedite-deployments-small