The U.S. Department of Energy (DOE) chose two companies to further develop advanced nuclear reactor designs as part of an up to $80 million multi-year cost share agreement.
DOE will fund cost-shared research and development activities with industry to support both companies with performance-based advanced reactor concepts for further development in the areas of safety, operations and economics. The reactor designs will have potential for demonstration in the 2035 timeframe. Initially, DOE’s investment will be $6 million for each project and both companies will provide cost share, with the potential value of research to be up to $80 million.
The two projects receiving awards are:
- X-energy, partnering with BWX Technology, Oregon State University, Teledyne-Brown Engineering, SGL Group, Idaho National Laboratory and Oak Ridge National Laboratory to solve design and fuel development challenges of the Xe-100 Pebble Bed Advanced Reactor.
- Southern Company Services, partnering with TerraPower, Electric Power Research Institute, Vanderbilt University and Oak Ridge National Laboratory to perform integrated effects tests and materials suitability studies to support development of the Molten Chloride Fast Reactor.
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