Final DOE Advanced Reactor Demonstration Awards Announced
The post Final DOE Advanced Reactor Demonstration Awards Announced appeared first on POWER Magazine.
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Wrapping up an eventful year for advanced nuclear, the Department of Energy’s (DOE’s) Office of Nuclear Energy announced $ 20 million in awards for the third of three pathways under its Advanced Reactor Demonstration Program (ARDP).
The ARDP program, which the DOE officially launched on May 14, will leverage Congressionally appropriated funding to enable actual construction of advanced nuclear reactors over the near-term and mid-term under three pathways. Congress has appropriated $ 250 million for ARDP in Fiscal Year 2021; a total of $ 230 million was appropriated for Fiscal Year 2020 to initiate the program.
In October 2020, the DOE picked TerraPower and X-energy to each receive $ 80 million in initial federal funding to build their two distinct advanced nuclear reactors and begin operating them within seven years. As POWER has reported, both companies are looking at siting their advanced nuclear demonstrations in Washington state. …