DOE Bets Big on Costly SMRs
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The US Department of Energy has awarded $400 million each to GE-Hitachi and Holtec for the development of small modular reactors (SMRs) in Tennessee and Michigan, respectively. This investment reflects a strong commitment to nuclear energy as part of the Biden administration's energy strategy.
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المصدر الأصلي
This week, the US Department of Energy made two substantial financial awards to two SMR builders who each proposed 300 MW units. GE-Hitachi’s BWRX 300 will be built at a TVA facility, Clinch River in east Tennessee, while the two planned Holtec units are for repowering the Palisades nuclear plant in Michigan. The awards are for $400 million apiece with an additional $100 million available for “contingencies”. There were several things that struck us about the DoE’s award, which originated in the Biden administration. First,…
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المقال الأصلي منشور بواسطة OilPrice.com في ديسمبر 7, 2025. التحليل والرؤى المقدمة من AnalystMarkets AI.