Illustration of Core Power’s modular MSR concept. Image: Core Power

Core Power is a tiny startup that is bullish on the prospects for nuclear-powered ocean transportation. The company announced on November 2 that it is part of a team that has applied for a cost-shared award from the Department of Energy’s Advanced Reactor Demonstration Program (ARDP) to build a prototype molten salt reactor (MSR). Core Power believes that MSRs could be used for propulsion or electricity generation to decarbonize the world’s commercial shipping fleet.

Based in London, England, Core Power is the only non-U.S. member of the team, which includes TerraPower, Southern Company, and Orano USA. As a marine engineering firm, Core Power says that it offers its ARDP partners “access to pent-up demand from a market with real customers.” An announcement of ARDP “risk reduction for future demonstrations” award winners is expected in December.

After talking about it for decades, the United States is finally ready to take the next step in demonstrating advanced reactor technologies.

We have the bipartisan support from Congress. We have the best innovators in the world. Now it’s time to see what U.S. nuclear companies can really do with the support and resources of the federal government.

The U.S. Department of Energy is all in on new nuclear technologies and we just made our boldest move yet—selecting and supporting two U.S. reactor designs that will be fully operational within the next 7 years.

After evaluating the competitive U.S. reactor design applications that were submitted to our new Advanced Reactor Demonstration Program funding opportunity announcement, TerraPower LLC and X-energy were awarded $160 million in initial funding to test, license, and build their advanced reactors under this aggressive timeframe. Pending future appropriations by Congress, the DOE will invest $3.2 billion over 7 years in these projects that will be matched by the industry teams.

The Department of Energy has put two reactor designs—TerraPower’s Natrium and X-energy’s Xe-100—on a fast track to commercialization, each with an initial $80 million in 50-50 cost-shared funds awarded through the Advanced Reactor Demonstration Program (ARDP). In all, the DOE plans to invest $3.2 billion—with matching funds from industry—over the seven-year demonstration program, subject to future appropriations.

Energy Secretary Dan Brouillette announced the awards late in the day on October 13 in Oak Ridge, Tenn., and said, “These awards are a critical first step of a program that will strengthen our nation’s nuclear energy and technological competitiveness abroad, and position our domestic industry for growth, for increased job creation, and for even more investment opportunity. It’s absolutely vital that we make progress on this technology now.”

The American Nuclear Society congratulates TerraPower and X-energy for being chosen by the U.S. Department of Energy (DOE) to participate in the cost-sharing Advanced Reactor Demonstration Program (ARDP).

The Department of Energy has selected the recipients of cost-shared funding for its Advanced Reactor Demonstration Program (ARDP) and has notified Congress of the selection, the DOE press staff indicated by tweet on October 8. A public announcement of the recipients is expected this week.

Reactor designers and others looking to invest in advanced nuclear technology had until August 19 to apply through a funding opportunity announcement (FOA) announced in May, which included $160 million in initial funds to build two reactors within the next five to seven years. Applicants were encouraged to connect with other advanced reactor stakeholders—including technology developers, reactor vendors, fuel manufacturers, utilities, supply chain vendors, contractors, and universities—through the ARDP FOA Collaboration Hub and apply as a team. This means that the DOE’s selection of a particular reactor design stands to benefit more than just the team behind the reactor’s initial design.

The House Appropriations Committee held its full committee markup of the Energy and Water Development bill on July 13. (The Bill Report provides a more detailed funding breakdown.) The final bill passed the committee by a party line vote of 30-21. No schedule for Floor consideration of the bill has been set, but it is likely to happen next week or the week after.

Reactor designers and others ready to invest in advanced nuclear technology now have a defined route to apply for cost-share funding, including $160 million in initial funding to build two reactors within the next five to seven years. On May 14, the U.S. Department of Energy issued a funding opportunity announcement (FOA) for the new Advanced Reactor Demonstration Program (ARDP).

Today, the U.S. Department of Energy announced the launch of the Advanced Reactor Demonstration Program (ARDP) within the Office of Nuclear Energy. ARDP is designed to help domestic private industry demonstrate advanced nuclear reactors in the U.S.