• 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 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

How to discover the treasure trove of hidden marketing insights by watching customer behavior
Navigating Uncertainty: Prioritizing Hydrogen R&D Efforts for a Sustainable Future
Unleashing the Hidden Talent Pool: The Rise of STARs – Skilled Through Alternative Routes
United Against China: Japan and the Netherlands to Join US in Restricting Semiconductor Exports
Revolutionizing Agriculture: How CRISPR is Changing the Game
The ticking time bomb: Understanding the demographic challenges facing our planet
Smart logistics market to reach $14 billion by 2024

Market Research Media

Turn Your Story into a Game: The Art of Gamifying Your Plot
The end of cheap money is redrawing the map of corporate earnings
The Future of Virtual Reality: How VR is Changing Industries
Market Research Media Survey: The State of Streaming Services
Media measurement services provide a holistic view of cross-media consumption
Gen Z ranks top in luxury sales
How to market recycled products

Secondary Sidebar

Tech Events

Chiplet Summit, January 24-26 2023, the Doubletree by Hilton San Jose Hotel
Flagship Community Conference for the Leading Open Source Browser Automation Standard Returns to In-person Event in Chicago, March 28-30, 2023
The 2nd annual Connecting Green Hydrogen Europe 2023 will Take Place 5th – 6th July 2023 at Riu Plaza España Madrid, Spain
DesignCon, the nation’s must-attend event for chip, board and systems design engineers, Jan. 31- Feb. 2 2023, Santa Clara Convention Center
Chiplet Summit, January 24-26, 2023, Doubletree by Hilton, San Jose

Venture Capital

The Importance of Diversity and Inclusion in the Workplace
Sequoia Capital announces its $195 Mln dedicated seed fund
Sublime Systems Secures $40 Million Series A to Electrify and Scale Decarbonized Cement Production
actyv.ai Raises Pre-Series A Funding to Fuel Global Expansion, Product Enhancement
Ottopia announces $14.5M Series A Funding Round

Footer

Recent Posts

  • The Evolution of the Skateboard
  • How can we clean space junk?
  • How Electric Vehicles (EV) Are Changing the Automotive Industry
  • Scientists are looking for intelligent alien life
  • The Rise of Quantum Computing: Understanding the Basics and its Potential Impact
  • The Future of Automation: How Robotics and Artificial Intelligence are Changing the Landscape of Industry
  • The Rise of Edge Computing: How It’s Changing the Way We Process Data
  • The Future of Virtual Reality: A Look at the Latest Developments
  • Tech Summit 2023 has been a huge success
  • Recession kills investments in moonshot R&D and startups

App Coding

Jotform Store Builder launches as a no-code solution to build a store in minutes
What are implications of rewarding developers basing on number of lines of code?
ScaleOut Software Announces Production Release of Redis®* Integration
Amazon MWS Integration from Celigo Now Available on SAP® Store
Creating an app that generates a description of an image using ChatGPT

API Coding

DataGrail Launches API & Agent to Automate DSR Fulfillment Across All Internal Data Systems, Saving Companies Weeks of Engineering Time
RapidAPI opens European headquarters at the new location in Berlin
Five Steps to a Secure Cloud Architecture
DarkOwl Announces Release of Ransomware API
Creating an API that generates a description of an image using ChatGPT

Blockchaining

Fintech Revolution Just Started
Tokens.com Announces Key New Hires and Acquires New Crypto Gaming Assets
How a blockchain works?
One of the world’s biggest blockchains is testing a new way to approve transactions
SuperTeam Games Raises $10 Million to Create Sports Games Enhanced by Blockchain Technology

Event Calendar

NAHB International Builders’ Show (IBS 2023) in Las Vegas from January 31 to February 2, 2023
India’s largest biennial automobile exhibition Auto Expo 2023 held on January 12-15, 2023 at Pragati Maidan, New Delhi
NRF 2023, Retail’s Big Show and Expo, January 15 to 17, 2023, Jacob K. Javits Center, New York
DOMOTEX Hannover 2023′ in Germany from 12-15 January
Electrify Expo Austin Set to Be Largest EV Demo Event of the 2022 Season, November 12-13, 2022, Austin, Texas

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