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U.S. awards $1.4B for nuclear reactors built by Oregon company
DOE support for first US SMR project, located in Idaho. NuScale’s technology originated at Oregon State University.
Source: www.oregonlive.com
NuScale's first Small Modular Reactor project gained significant funding support. The UAMPS project located near Idaho Falls should be more likely to proceed with this large grant - over $200/KW of support. It will be very interesting to see the timeline, where the units are factory built and the on-time time vs. traditional large scale nuclear reactors.
Thank Gary for the Post!
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