The U.S. Department of Energy (DOE) today announced $30 million in initial funding for one of three programs under its new Advanced Reactor Demonstration Program (ARDP). DOE’s Office of Nuclear Energy (NE) has selected five teams to receive $30 million in FY20 funding for Risk Reduction for Future Demonstration projects. The awards are cost-shared partnerships with industry, and companies were chosen through a funding opportunity announcement issued in May 2020.
ARDP is designed to help domestic private industry demonstrate advanced nuclear reactors in the United States. DOE expects to invest approximately $600 million over seven years with our industry partners providing at least 20 percent in matching funds.
“All of these projects will put the U.S. on an accelerated timeline to domestically and globally deploy advanced nuclear reactors that will enhance safety and be affordable to construct and operate,” said U.S. Secretary of Energy Dan Brouillette. “Taking leadership in advanced technology is so important to the country’s future because nuclear energy plays such a key role in our clean energy strategy.”
Risk Reduction for Future Demonstration Projects
The goal of the Risk Reduction program is to design and develop safe and affordable reactor technologies that can be licensed and deployed over the next 10 to 14 years. DOE has selected these five U.S.-based teams to receive Risk Reduction funding:
Advanced Reactor Concepts-20 (ARC-20) Projects
The goal of the ARC-20 program is to assist the progression of advanced reactor designs in their earliest phases. DOE expects to announce awards for this funding pathway later this month.
Advanced Reactor Demonstration Projects
In October 2020, DOE announced the selections of TerraPower LLC (Bellevue, WA) and X-energy (Rockville, MD) to receive $160 million in initial funding for ARDP Demonstration projects to develop and construct two advanced nuclear reactors that can be operational within seven years.
Funding for ARDP beyond the near-term is contingent on additional future appropriations, evaluations of satisfactory progress, and DOE approval of project continuation.
More information on the Office of Nuclear Energy and its programs can be found here.
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