Competitive Cooperative Agreement: Advanced Reactor Demonstration Foa# DE-FOA-0002271 Pathway 1 Advanced…

Description

Competitive Cooperative Agreement: Advanced Reactor Demonstration Foa# DE-FOA-0002271 Pathway 1 Advanced Reactor Demonstrations (Demos) Award to X Energy, LLC This Program Is Intended to Facilitate the Development of U.S. Private Industry Advanced Nuclear Reactor Demonstrations. IT Will Provide Funding for Several Advanced Reactors That Are Reliable, Cost Effective, Licensable, and Commercially Viable. These Designs Are Expected to Enable a Market Environment in Which Commercial Reactor Services Are Available That Are Safe and Affordable to Both Construct and Operate When Compared to Competing, Alternative Sources of Energy in the Near- and Mid-Term. These Designs Are Expected to Provide Significant Improvements in Safety, Security, Economics, and Environmental Impacts Over Current Nuclear Power Plant Designs.