US Dept. of Energy News Release on ‘Accellerating Advanced Nuclear’ ($117 million total in funding awards)

The following is from a news release from the US Department of Energy published March 27, 2019

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced funding selectees for multiple domestic advanced nuclear technology projects. Four projects in two states will receive varying amounts for a total of approximately $19 million in funding. The projects are cost-shared and will allow industry-led teams, including participants from federal agencies, public and private laboratories, institutions of higher education, and other domestic entities, to advance the state of U.S. commercial nuclear capability.

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 the fourth round of funding through this FOA. The first group was announced on April 27, the second group was announced on July 10, and the third group was announced on November 13, 2018. The total of the four rounds of awards is approximately $117 million. Subsequent quarterly application review and selection processes will be conducted over the next four years.

“The Trump Administration is committed to reviving and revitalizing the U.S. nuclear industry, and these private-public partnerships are needed to help successfully develop innovative domestic nuclear technologies,” said U.S. Secretary of Energy Rick Perry. “There are a lot of U.S. companies working on technologies to make the next generation of nuclear reactors safer and highly competitive, and partnerships will be key to accomplishing this goal.”