23 December 2020
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The US Department of Energy (DOE) has announced USD20 million in awards for the third of three programmes under its new Advanced Reactor Demonstration Program (ARDP). DOE s Office of Nuclear Energy has selected three teams to receive FY2020 funding for the ARDP s Advanced Reactor Concepts-20 (ARC-20) programme.
(Image: DOE)
DOE expects to invest about USD600 million over the next seven years in ARDP, which aims to help domestic private industry demonstrate advanced nuclear reactors in the USA.
The department issued an ARDP funding opportunity announcement in May this year, which included the ARC-20 awards, the Advanced Reactor Demonstration awards, and the Risk Reduction for Future Demonstration awards. For the ARC-20 projects, DOE expects to invest a total of about USD56 million over four years with its industry partners providing at least 20% in matching funds. The goal of the ARC-20 programme is to assist the progression of advanced reactor designs in t
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Energy Department s Advanced Reactor Demonstration Program Awards $30 million in Initial Funding for Risk Reduction Projects - Energy Industry Today einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
17 December 2020
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The US Department of Energy (DOE) Office of Nuclear Energy (NE) has selected five teams to receive USD30 million in initial funding for risk reduction projects under its Advanced Reactor Demonstration Program (ARDP). All five of the selected designs have the potential to compete globally once deployed, DOE said.
Clockwise from top left: BWXT Advanced Nuclear Reactor; eVinci Microreactor; Kairos KP-FHR; Molten Chloride Reactor Experiment; Holtec SMR-160 (Images: DOE/Kairos Power))
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Risk reduction programme is one of three development and demonstration pathways under the ADRP and aims to design and develop safe and affordable reactor technologies that can be licensed and deployed over the next 10 to 14 years.
DOE Awards Go To Risk Reduction Projects
The Department of Energy s Office of Nuclear Energy (NE) said Tuesday it had 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.
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: