U.S. Advanced Nuclear Technology Projects to Receive $18 million from the U.S. Department of Energy

U.S. Advanced Nuclear Technology Projects to Receive $18 million from the U.S. Department of Energy

Elysium Molten Chloride Salt Fast Reactor will use existing technology for rapid approval

The Elysium Molten Chloride Salt Fast Reactor (MCSFR) is state-of-the-art in its design. Elysium's technology is unique as it can provide base-load and clean power while addressing the current issues in the nuclear power industry. Based on demonstrated technology in the 1960s, Elysium has adapted a

DoE Awards $60M for Advanced Nuclear Energy R&D

The U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These awards are the first under DOE's Office of Nuclear Energy's U.S. Industry Opportunities for Advanced Nuclear Technology Development funding opportunity announcement (FOA).

US federal support for advanced nuclear technology

The US Department of Energy (DOE) has selected 13 projects to receive USD60 million of cost-shared R&D funding for advanced nuclear technologies, including the first awards under the US Industry Opportunities for Advanced Nuclear Technology Development initiative.

Lower cost advanced Nuclear power could dominate future US energy

EPRI, the electric utility industry's R&D collaboration, thinks that advanced nuclear could dominate the US power sector. EPRI has a detailed analysis of what it would take to fix nuclear energy in the USA. Extensive deployment of advanced nuclear would likely require new policies, innovation in

Could Advanced Nuclear Energy Power America's Future? Report Suggests Yes. - InsideSources

Is the atomic age over? For decades, nuclear power seemed like the perfect energy solution, both efficient and carbon neutral. If the problem of properly disposing of nuclear waste could only be managed, the world may have found the solution to its energy needs.

Study Finds Advanced Reactors Will Have Competitive Costs

It uses extensive data from eight leading innovators with products under development. It merged "apples & oranges data sets" to draw comparisons. Washington, DC - A new study of contemporary nuclear industry cost projections, previously unavailable to the public, provides new insight into a potential path breaking cost trend for the next generation of advanced nuclear plants.