Advanced Reactor Demonstration Program (ARDP)
The new federal funding is aimed at building market confidence that the U.S. nuclear industry will be able to incorporate the lessons learned at Vogtle to deliver a new round of safer, more efficient SMRs on time and on budget.
DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.
The challenge ahead for X-energy: early planning for design, procurement and construction to deliver the first Xe-100s on time and on budget.
A closed nuclear plant in Michigan could be eligible for federal funding to reopen under new guidelines for the 2nd round of the Civil Nuclear Credit Program.
Nuclear power is often ignored in discussions about getting to net-zero carbon emissions, according to a new coalition, Nuclear Powers Maryland.
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