DOE Awards $160 Million in Funding for Advanced Reactor Development
Last week, the U.S. Department of Energy (DOE) announced the selection of two U.S.-based teams to receive $160 million in initial funding under the Advanced Reactor Development Program (ADRP). DOE is awarding TerraPower, LLC (Bellevue, WA) and X-energy (Rockville, MD) $80 million each in initial funding to build two advanced nuclear reactors that can be operational within seven years. The awards are cost-shared partnerships with […]
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