The American Nuclear Society congratulates TerraPower and X-energy for being chosen by the U.S. Department of Energy (DOE) to participate in the cost-sharing Advanced Reactor Demonstration Program (ARDP).
“The successful demonstration of TerraPower and GE Hitachi Nuclear Energy’s Natrium and X-energy’s Xe-100 reactor designs through the cost-sharing ARDP partnership will help kick off a new chapter in U.S. nuclear technology advancement,” said Craig Piercy, CEO and Executive Director of ANS.
“America’s nuclear professionals are ready to design, build and operate these advanced nuclear technologies,” Piercy said. “The deployment of American-designed advanced reactors around the world means job growth and new career opportunities for our nuclear professionals but also progress in halting climate change.”
“The ARDP is a great start but we can’t rest on our laurels,” continued Piercy. “We need continued robust federal research and development funding for nuclear innovation and implementing climate policies that are performance-based and technology-neutral, such as carbon pricing.”
According to a Third Way analysis, the global market for nuclear reactors is expected to average at least $75 billion annually – not including fuel and maintenance contracts.
“Commercialization of U.S. advanced nuclear technologies could create tens of thousands of new jobs in nuclear engineering, manufacturing and construction,” said Mary Lou Dunzik-Gougar, President of ANS.
“Along with reestablishing U.S. competitiveness in nuclear exports, advanced reactors will also help improve living standards by supplying clean energy security to developing economies,” Dunzik-Gougar said.