ARDP picks divergent technologies in Natrium, Xe-100: Is nuclear’s future taking shape?

October 14, 2020, 7:21AMNuclear News

The Department of Energy has put two reactor designs—TerraPower’s Natrium and X-energy’s Xe-100—on a fast track to commercialization, each with an initial $80 million in 50-50 cost-shared funds awarded through the Advanced Reactor Demonstration Program (ARDP). In all, the DOE plans to invest $3.2 billion—with matching funds from industry—over the seven-year demonstration program, subject to future appropriations.

Energy Secretary Dan Brouillette announced the awards late in the day on October 13 in Oak Ridge, Tenn., and said, “These awards are a critical first step of a program that will strengthen our nation’s nuclear energy and technological competitiveness abroad, and position our domestic industry for growth, for increased job creation, and for even more investment opportunity. It’s absolutely vital that we make progress on this technology now.”

To continue reading, log in or create a free account!

Related Articles

Virginia utility considers SMRs

July 18, 2024, 9:30AMNuclear News

Dominion Energy Virginia has issued a request for proposals from leading nuclear companies to study the feasibility of putting a small modular reactor at its North Anna nuclear power...

Mark Peters named MITRE president and CEO

July 9, 2024, 9:30AMNuclear News

Mark Peters will become president and chief executive officer of MITRE, effective September 3, 2024. He will succeed Jason Providakes, who previously announced his intention to retire after 37...