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Power & Operations

DOE awards $8.5 million to fund advanced nuclear projects

November 29, 2021, 3:00PMNuclear News

In its latest financial nod of encouragement to the U.S. nuclear industry, the Department of Energy has announced awards totaling $8.5 million to five industry-led projects, with the aim of accelerating the commercial deployment of advanced reactors and fuels.

The awards are funded via the Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced Nuclear Technology Development funding opportunity, which, since 2017, has invested more than $215 million in advanced nuclear technologies. Solicitations are broken down into three pathways: first-of-a-kind nuclear demonstration readiness projects, advanced reactor development projects, and direct regulatory assistance.

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