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U.S. Energy Department Announces $18 Million for Advanced Nuclear Energy Projects

The U.S. Energy Department selected 11 projects located across six states for cost-shared research and development of advanced nuclear technologies, according to a Nov. 13 press release. The projects, valued at about $25 million, make the third batch of recipients under the department’s advanced nuclear technology funding opportunity. The first round provided $60 million and the second $20 million, bringing the total of the three rounds to $98 million. Quarterly selection processes will occur over the next four years. The funding covers three areas namely, nuclear demonstration readiness projects, advanced reactor development projects, and regulatory assistance grants. Industry-led teams including participants from federal agencies, public and private labs, and educational institutions will help advance the nation’s commercial nuclear capability. The department also selected five U.S. companies for technology development voucher awards under the Gateway for Accelerated Innovation in Nuclear or GAIN initiative, which seeks to enable the industrial community to commercialize new or advanced nuclear technologies.

November 13, 2018
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