Artist’s rendering of an Xe-100 plant. (Image: X-energy)
Dow and X-energy announced today that they have signed a joint development agreement (JDA) to demonstrate the first grid-scale advanced nuclear reactor at an industrial site in North America within a decade. As part of the agreement, Dow is now a subawardee under X-energy’s Advanced Reactor Demonstration Program (ARDP) Cooperative Agreement with the Department of Energy.
The U.S. ITER Project Office in Oak Ridge, Tenn. U.S. ITER has received $256 million in Inflation Reduction Act funding. (Photo: U.S. ITER)
Just days before COP27 and the U.S. midterm elections, the White House announced $1.55 billion in Inflation Reduction Act (IRA) funding for national laboratories and the launch of a Net-Zero Game Changers Initiative based on a new report, U.S. Innovation to Meet 2050 Climate Goals. Out of 37 research and development opportunities identified, fusion energy was selected as one of just five near-term priorities for the new cross-agency initiative. Together, the announcements signal policy and infrastructure support for fusion energy—the biggest chunk of Department of Energy Office of Science (DOE-SC) IRA funding went to ITER, via Oak Ridge National Laboratory—and for advanced nuclear technologies to power the grid and provide process heat to hard-to-decarbonize industrial sectors.
A shot from a coal mine in Poland. (Photo: IAEA)