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.

A look at SMRs for Australia

October 11, 2021, 12:01PMNuclear News

The Minerals Council of Australia (MCA) last week released Small Modular Reactors in the Australian Context, an overview of SMRs, their potential role in Australia, and their likely operating costs.

The 36-page report, written by Australian nuclear energy advocate Ben Heard, takes a look at three of the most advanced SMR designs currently undergoing regulatory approval: NuScale’s Power Module, GE-Hitachi’s BWRX 300, and Terrestrial Energy’s Integral Molten Salt Reactor.