Researchers at the U.S. Department of Energy’s Oak Ridge National Laboratory will support two new DOE-funded projects to explore, develop, and demonstrate advanced nuclear reactor technologies.
The projects announced January 15 will allow industry-led teams with participants from universities and national laboratories to further nuclear energy technology, and will enable companies to further develop their advanced reactor designs with potential for demonstration in the mid-2030s. Initially, DOE’s investment will be $6 million for each project and both companies will provide cost-share. The possible multi-year cost-share value for this research is up to $80 million.
A project led by Southern Company Services, a subsidiary of Southern Company, focuses on molten chloride fast reactors, or MCFRs. The effort includes ORNL, TerraPower, the Electric Power Research Institute, and Vanderbilt University. [Read more…]