The US Department of Energy has announced $94m (€80m) in funding for eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the US.
The awardees will collectively receive the federal cost-shared funding to spur additional Generation III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain and site preparation.
The DOE said projects will bolster the supply chain needed to deliver new nuclear generation in the 2030s, strengthen the development of Generation III+ SMR orderbooks, and advance president Trump’s 2025 executive orders “to usher in a nuclear renaissance and expand America’s energy dominance agenda”.
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