Youngkin proposes millions for deployment of nation’s first SMR

October 18, 2022, 9:30AMNuclear News

Virginia Gov. Glenn Youngkin announces a $10 million energy innovation investment in Virginia. (Photo: Christian Martinez/Office of the Governor)

Some two weeks after unveiling his state’s 2022 Energy Plan, Virginia Gov. Glenn Youngkin has announced his intention to include $10 million in the state’s next budget proposal—due in December—to create the Virginia Power Innovation Fund for research and development of nuclear, hydrogen, carbon capture and utilization, and battery storage technologies.

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Youngkin proposes millions for deployment of nation’s first SMR

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