DOE secures USD 5.4M for advanced nuclear technology
18 May 2020
The U.S. Department of Energy (DOE) announced selections to receive funding to accelerate advanced nuclear technology development. There are two selections - one to support site preparation for a future domestic advanced reactor demonstration project and one for an advanced reactor regulatory licensing grant. The projects have a total value of USD 5.4M.
The awards are through the Office of Nuclear Energy’s (NE) funding opportunity announcement (FOA) U.S. Industry Opportunities for Advanced Nuclear Technology Development. This is Cycle 2020-1. Subsequent application reviews and selection processes will be conducted through December 2022.
The solicitation is broken into three funding pathways: First-of-a-Kind (FOAK) Nuclear Demonstration Readiness Project pathway; Advanced Reactor Development Projects pathway; and Regulatory Assistance Grants pathway.