DOE funding for SMR

The DOE this week announced $900 M in funding for small modular nuclear reactors. The plan is to fund up to $800 million to support one or two “first-mover teams” with plans to deploy a first small modular reactor (SMR) plant and a multireactor project. DOE projects that the country will need anywhere from 700 to 900 gigawatts of additional clean, firm electricity capacity to reach net-zero emissions nationwide by 2050.

E&E News at Politico | DOE floats $900M to build advanced reactors