Trump administration gives $30M to diversify bet on nuclear breakthrough

Published December 16, 2020 7:30pm ET



The Energy Department announced Wednesday it is providing $30 million to U.S. companies seeking a breakthrough in developing smaller nuclear reactors.

The grant funding from the Advanced Reactor Demonstration Program comes on top of $160 million the DOE distributed in October to two companies that intend to develop and construct small nuclear reactors that can be operational within five to seven years.

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