• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technologies.org

Technology Trends: Follow the Money

  • Technology Events 2023-2024
  • Sponsored Post
    • Make a Contribution
  • Technology Jobs
  • Technology Markets
    • Venture Capital
  • About
  • Contact

Energy Department’s Advanced Reactor Demonstration Program Awards $20 million for Advanced Reactor Concepts

December 22, 2020 By admin Leave a Comment

The U.S. Department of Energy (DOE) today announced $20 million in awards for the third of three programs under its new Advanced Reactor Demonstration Program (ARDP). DOE’s Office of Nuclear Energy (NE) has selected three teams to receive FY20 funding for the ARDP’s Advanced Reactor Concepts-20 (ARC-20) program. ARDP is designed to help domestic private industry demonstrate advanced nuclear reactors in the United States.

DOE issued an ARDP funding opportunity announcement in May 2020 which included the ARC-20 awards, the Advanced Reactor Demonstration awards, and the Risk Reduction for Future Demonstration awards. For the ARC-20 projects, DOE expects to invest a total of approximately $56 million over four years with our industry partners providing at least 20 percent in matching funds.

Advanced Reactor Concepts-20 (ARC-20) Projects

The goal of the ARC-20 program is to assist the progression of advanced reactor designs in their earliest phases. DOE has selected three U.S.-based teams to receive ARC-20 funding:

Inherently Safe Advanced SMR for American Nuclear Leadership – Advanced Reactor Concepts, LLC (Herndon, VA) will deliver a conceptual design of a seismically isolated advanced sodium-cooled reactor facility that builds upon the initial pre-conceptual design of a 100 MWe reactor facility. Total award value over three and a half years: $34.4 million (DOE share is $27.5 million)
Fast Modular Reactor Conceptual Design – General Atomics (San Diego, CA) will develop a fast modular reactor conceptual design with verifications of key metrics in fuel, safety, and operational performance. The design will be for a 50-megawatt electric (MWe) fast modular reactor (FMR). Total award value over three years: $31.1 million (DOE share is $24.8 million)
Horizontal Compact High Temperature Gas Reactor – Massachusetts Institute of Technology (MIT) (Cambridge, MA) will mature the Modular Integrated Gas-Cooled High Temperature Reactor (MIGHTR) concept from a pre-conceptual stage to a conceptual stage to support commercialization. Total award value over three years: $4.9 million (DOE cost share is $3.9 million)
“ARDP is significant because it will enable a market for commercial reactors that are safe and affordable to both construct and operate in the near- and mid-term.” said U.S. Secretary of Energy Dan Brouillette. “All three programs under ARDP pave the way for the United States to be highly competitive globally.”

Risk Reduction for Future Demonstration Projects

On December 16, 2020, DOE announced the selections of five teams to receive $30 million in initial funding under ARDP’s Risk Reduction for Future Demonstration program.

Advanced Reactor Demonstration Projects

In October 2020, DOE announced the selections of TerraPower LLC (Bellevue, WA) and X-energy (Rockville, MD) to receive $160 million in initial funding for ARDP Demonstration projects to build two advanced nuclear reactors that can be operational within seven years.

Funding for ARDP beyond the near-term is contingent on additional future appropriations, evaluations of satisfactory progress, and DOE approval of continuation applications.

Source: DOE

Filed Under: Tech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

The Growing Tin Market: Prospects for Future Demand and Sustainability
Prospects for the Growing Lithium Market in the Coming Years
DevOps and Agile: Integrating Development and Operations
China’s Use of Golden Shares: From Reducing State Role to Quietly Controlling Tech Giants
Why Amazon Acquired One Medical: Disrupting the Healthcare Industry with Technology-Enabled Care
The End of an Era: Why China is No Longer Viable as the World’s Factory
Cloudflare’s FedRAMP authorization opens up a huge market opportunity in the US government sector

Market Research Media

How plunging birthrates threaten national economies
Agile Leadership: Leading Agile Teams for Success
Chinese Brands Reach New Heights of Popularity in the West Amid Growing Political Tensions
Unrestricted Streaming: How VPNs Can Enhance Media Consumption Experience
How the world’s biggest companies have built and defended their moats
Virtual Learning Environments: A Game-Changer in Education?
Streaming video, training, and gaming coming together to form a cohesive and diverse media and entertainment ecosystem

Secondary Sidebar

Tech Events

GitHub Universe 2023 will be held on November 8-9 in San Francisco, California
Upcoming Technology Events of 2023
Space Symposium 2023, April 17-20, Broadmoor, Colorado Springs, Colorado
The Yugabyte’s third annual Distributed SQL Summit (DSS) Asia, March 28, 2023
NVIDIA GTC, a global conference for the era of AI and the metaverse, March 20-23, 2023

Venture Capital

African Venture Investment Soars to Record High, Fueled by Tech Startups
Pitchly Secures $7 Million Series A Funding for SaaS-Based Data Enablement Solution
Agile Project Management: Roles and Responsibilities
Candidly, a student debt and savings optimization platform, has raised $20.5 million in a Series B round of financing
GameTech Startups Attracting Venture Capital Funding: The Importance of VPN Security

Footer

Recent Posts

  • Japan Revamps Chip Strategy, Aims to Triple Sales by 2030
  • New Cloud Computing Startup Evroc Seeks €3 Billion to Challenge Amazon
  • Apple Vision Pro Review
  • IBM announced plans to build its first European quantum data center in Zurich, Switzerland
  • Hydrogen Technology: The Key to a Sustainable Future for the Cruise and Shipping Industries
  • Regenerative Finance: Shifting Towards Sustainable and Equitable Financial Systems
  • Why Arm Ltd May Build Its Own Semiconductor
  • Dragonfly Announces New Kubernetes Operator for In-Memory Datastore for Simplified Operations and Increased Performance
  • Cosmic Crops Return: Seeds Sent to Space to Develop Resilient Crops for a Warming World
  • AI Developer

App Coding

How Much Does It Cost to Build a FinTech App?
Native vs Cross-Platform vs Low-Code vs Web: Choosing the Right App Development Platform for Your Business
The Importance of Mobile App Security
One-Third of Largest Utilities in the US Lag Behind in Mobile App Availability
How to code an app with ChatGPT

API Coding

Is an RSS feed an API?
How to design a corporate API
How to connect to the DALL-E API
A Beginner's Guide to REST APIs: Understanding Their Fundamentals and Benefits
API Security Guide

Blockchaining

Asia’s Premier Web3 Conference TOKEN2049 Returns to Singapore in September 2023
Building a Secure and Decentralized Blockchain API: A Step-by-Step Guide
What is NFT?
Discontinuation of TradeLens: The End of a Blockchain-Enabled Global Trade Platform by Maersk and IBM
Corporate leaders should embrace the potential of blockchain technology before it gets used against them

Event Calendar

PCIM Europe 2023, May 9-11, 2023, Nuremberg Exhibition Center, Nuremberg, Germany
Interwire Trade Exposition, May 9-11, 2023, Georgia World Congress Center, Atlanta, GA
ProMat 2023, the leading trade show for the manufacturing and supply chain industry, March 20-23 2023, Chicago’s McCormick Place
Prints 2023, Printing Conference, March 3, 2023
Milan Design Week 2023, April 17-23 2023, Milan, Italy

Copyright © 2022 Technologies.org

Media Partners: Market Analysis & Market Research and Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT