DOE investing $30M in advanced nuclear technology

The U.S. Department of Energy (DOE) is soliciting proposals for cost-shared projects to develop industry-driven nuclear reactor designs and accompanying technologies with high potential to advance nuclear power.

“Targeted early-stage investment in advanced nuclear technology will support a strong domestic industry now and into the future,” said Energy Secretary Rick Perry. “This funding opportunity is an important step to ensure our nation continues to benefit from this clean, resilient source of electricity.”

DOE expects to make up to $30 million or more available in Fiscal Year 2018 awards, subject to the availability of funding. The Funding Opportunity Announcement (FOA) will be open for five years accepting applications on a year-round basis, with a quarterly selection process.

Additional funding will be available in future years, as allocated by Congress, Kallanish Energy understands.

Through this competition, DOE encourages U.S. companies to partner with other U.S. federal agencies, public and private laboratories, institutions of higher education, and other domestic entities to share expertise needed to successfully develop innovative technologies.

This FOA is available at www.grants.gov under reference number DE-FOA-0001817. Initial applications are due Jan. 31.

DOE will conduct a webinar on January 9 for more information on this funding opportunity. A Frequently Asked Questions (FAQs) document is available at www.id.doe.gov.

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