$40M investment to spur new nuclear developments in Idaho and Wyoming

[Marlin]

$40M investment to spur new nuclear developments in Idaho and Wyoming

https://www.ans.org/news/2026-07-21/article-8233/40m-investment-to-spur-new-nuclear-developments-in-idaho-and-wyoming/

[Core Content]

The U.S. Department of Commerce will provide $31 million to the Intermountain-West Nuclear Energy Corridor Tech Hub, supplemented by matching private donations to reach a $40 million total. This funding aims to accelerate the deployment of next-generation reactors, strengthen domestic fuel supply chains, and expand the regional nuclear workforce. Idaho National Laboratory will assist the consortium by providing technical support for regulatory navigation and advanced manufacturing processes.

On Monday, the U.S. Department of Commerce announced that its Economic Development Administration (EDA) intends to award $31 million to the Intermountain-West Nuclear Energy Corridor (INEC) Tech Hub. The Idaho Advanced Energy Consortium (IAEC), the group that leads the INEC Tech Hub, subsequently announced that matching donations from its...

According to the EDA, this funding will be used to accelerate new reactor deployment and the commercialization of next-generation reactors. For its part, the IAEC adds that the funding will strengthen domestic fuel production and expand the nuclear workforce in the Intermountain West region.

Tech hub background: The Regional Technology and Innovation Hubs (or simply tech hubs) program began in 2022, under the Biden-Harris administration. The program was authorized by the CHIPS and Science Act of 2022, a $280 billion economic competitiveness package aimed, in part, at bolstering new scientific research and development. One of the ways this act planned to achieve its goal was by establishing new tech hubs across the country: consortiums of industry, higher education institutions...

Read the full article at ans.org:
https://www.ans.org/news/2026-07-21/article-8233/40m-investment-to-spur-new-nuclear-developments-in-idaho-and-wyoming/