ARC-20 cost-share funds go to ARC Nuclear, General Atomics, and MIT

December 23, 2020, 7:00AMNuclear News

Designs chosen for ARC-20 support could be commercialized in the mid-2030s. Graphic: DOE

The Department of Energy’s Office of Nuclear Energy (DOE-NE) has named the recipients of $20 million in Fiscal Year 2020 awards for Advanced Reactor Concepts–20 (ARC-20), the third of three programs under its Advanced Reactor Demonstration Program (ARDP). The three selected teams—from Advanced Reactor Concepts LLC, General Atomics, and the Massachusetts Institute of Technology—will share the allocated FY20 funding for ARC-20 and bring the total number of projects funded through ARDP to 10. DOE-NE announced the news on December 22.

The DOE expects to invest a total of about $56 million in ARC-20 over four years, with industry partners providing at least 20 percent in matching funds. The ARDP funding opportunity announcement, issued in May 2020, included ARC-20 awards, Advanced Reactor Demonstration awards, and Risk Reduction for Future Demonstration awards.

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