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DOE Advanced Reactor Demonstration Program awards $30M in initial funding for risk reduction projects


DOE Advanced Reactor Demonstration Program awards $30M in initial funding for risk reduction projects
The US Department of Energy (DOE) is awarding $30 million in initial funding to five teams for projects under one of three programs Risk Reduction for Future Demonstration in the new Advanced Reactor Demonstration Program (ARDP). 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 industry partners providing at least 20% in matching funds. ....

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Will the UK Govt Take a £20bn Equity Stake in Sizewell?


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DOE Grants $30M to Five US Firms for Advanced Nuclear Reactor Designs
Canada Outlines Next Steps for Progress on Small Modular Reactor Technology
Will UK Govt Take a £20bn Equity Stake in Sizewell?
Talks with EDF could lead to energy customers to be charged for construction costs as the Sizewell reactors are being built
(NucNet) The UK government has reignited a contentious debate over over the country’s nuclear energy ambitions by agreeing to restart talks with EDF over plans to build a reactor at Sizewell C in Suffolk.
For years successive conservative governments have lived in a fantasy world that hugely expensive nuclear power stations can be completely financed by the private sector with zero public support including rate guarantees. ....

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DOE Awards Go To Risk Reduction Projects - News - Nuclear Power News - Nuclear Street - Nuclear Power Plant News, Jobs, and Careers


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: ....

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