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DOE Announces Funding for Small Nuclear Reactors

‘The U.S. Department of Energy announced that it has selected NuScale Power as its second winner in the agency’s public-private partnership program to support the development of small modular reactors (or, SMR). The award includes a five-year cost-sharing program including up to $226 million in funding — DOE will provide 50 percent of the cost of the project and requires matching funding from the company.’

via DOE Announces Funding for Small Nuclear Reactors.