The historic Infrastructure Investment and Jobs Act has passed into law. The package provides almost $2.5 Billion dollars through Fiscal year 2025 for the Department of Energy’s contribution to the Advanced Reactor Demonstration Program, which selected X-energy and Terrapower to demonstrate their advanced nuclear reactors before the end of the decade. Each company will split the cost of demonstration reactor with the DOE and the passage of the infrastructure bill is a strong indicator of the government’s commitment to the policy direction and financial investment that is required to deploy the reactors as soon as possible.

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Federal Agency: Department of Energy

Category: Award