In support of the Administration’s goal to produce more carbon-free energy, the U.S. Department of Energy (DOE) announced the selection of two companies, X-energy and Southern Company, to further develop advanced nuclear reactor designs. These awards, with a multi-year cost share of up to $80 million for both companies, will support work to address key technical challenges to the design, construction, and operation of next generation nuclear reactors.
“In order to ensure that nuclear energy remains a key source for US electricity generation well into the future, it is critically important that we invest in these technologies today,” said Secretary Moniz. “Public-private partnerships to develop advanced nuclear capabilities will enable low-carbon nuclear energy to power America for years to come.”
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