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Trends in State Level Energy Markets and Policy
December 1, 2020 - 12:00-2:00 p.m. (CT)

This webinar will be useful for analysts, decision makers, and strategic thinkers in and around the advanced nuclear industry. Information discussed will be of particular interest to those contributing to sales, business and market development, policy, and external affairs efforts aimed at commercial deployment of advanced nuclear technologies
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced it has selected two U.S.-based teams to receive $160 million in initial funding under the new Advanced Reactor Demonstration Program (ARDP). ARDP, announced in May, is designed to help domestic private industry demonstrate advanced nuclear reactors in the United States.
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 industry that will deliver two first-of-a-kind advanced reactors to be licensed for commercial operations. The Department will invest a total of $3.2 billion over seven years, subject to the availability of future appropriations, with our industry partners providing matching funds.
WASHINGTON, D.C. – – The U.S. Department of Energy (DOE) today announced funding for three domestic projects that will accelerate advanced nuclear technology development. These projects, valued at $26.9 million including industry cost-share contributions, will allow industry-led teams to advance the state of domestic commercial nuclear capability.

Two awards will advance flexible operation of light-water reactors with integrated hydrogen production systems. The third will leverage the modeling and simulation capabilities developed from the DOE Nuclear Energy Advanced Modeling and Simulation (NEAMS) program and Energy Innovation Hub for Modeling & Simulation (Hub).

The awards are through the Office of Nuclear Energy’s (NE) funding opportunity announcement (FOA) U.S. Industry Opportunities for Advanced Nuclear Technology Development, in collaboration with the Office of Energy Efficiency and Renewable Energy’s (EERE) Hydrogen and Fuel Cell Technologies Office for the hydrogen-related selections. Subsequent application reviews and selection processes will be conducted through December 2022, as supported by Congressional appropriations.
Kairos Power - Alameda, CA
Natura Resources, LLC - Abilene, TX
TerraPower, LLC, Bellevue, WA