The U.S. Energy Department (DOE) released a funding opportunity for research, development and demonstration of advanced nuclear reactor concepts.
DOE seeks to foster collaboration with industry and the national laboratories to support advanced reactor concepts. DOE is soliciting proposals for cost-shared development projects with the potential to be demonstrated in the 2035 timeframe.
DOE will partner with the industry to fund up to two awards of approximately $6 million each in fiscal year 2015. The department will invest up to $3.6 million in each project, with a federally funded research and development center providing up to an additional $2.4 million. Recipients will be required to invest $1.5 million as part of the cost share. The funding allows for multiple year funding for up to two awards for a total of $40 million in DOE cost share per award.
Letters of intent are due no later than Aug. 31, and the application due date is Oct. 5. Details on the funding opportunity announcement can be found by clicking here and using reference number DE-FOA-0001313.
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