Eight companies will collectively receive more than $94 million in cost-share funding to expedite the near-term deployment of small light water modular reactors, the Department of Energy announced Thursday.

Four public electric utilities—three based in Nebraska and one in Oklahoma—recently signed a memorandum of understanding to form the Great Plains New Nuclear Consortium. The first goal of that new consortium is to explore the feasibility of deploying 1–2 GW of new nuclear (potentially in the form of small modular reactors) within Nebraska.

Following official confirmation in June at the American Nuclear Society’s 2025 Annual Conference, the University of Nebraska–Lincoln has kicked off its first year as the newest ANS student section.

Nebraska Public Power District (NPPD), owner and operator of the Cornhusker State’s only operating nuclear power facility—the single-unit Cooper plant—is beginning the process of studying locations that could potentially host small modular nuclear reactors, the utility announced last Friday.

The effort will be financed through L.B. 1014—a state measure approved in April 2022 that appropriates the $1.04 billion allocated to Nebraska from federal pandemic relief funds.

Bostelman

Companies that build advanced nuclear reactors in Nebraska would be eligible for tax incentives should a measure now being considered by that state’s lawmakers, Legislative Bill 84, become law.

Under L.B. 84, sponsored by Sen. Bruce Bostelman (R., 23rd Dist.), a renewable energy firm that uses nuclear energy to produce electricity could take advantage of the ImagiNE Nebraska Act—a business tax incentive program signed into law by Gov. Pete Ricketts in August of last year. The bill adds “nuclear electric power generation” to the act’s list of renewable energy sources qualifying for incentives. (Sources already listed in the act include wind, solar, energy storage, geothermal, hydroelectric, biomass, and transmutation of elements.)