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Gary Hilberg

President Continuum Energy

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Energy professional with over 30 years experience in electricity generation and oil & gas markets. Experience with many generation sources including fossil, nuclear, renewables and biomass....

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Oct 21, 2020 11:37 am GMTOct 21, 2020 11:41 am GMT
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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.

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Matt Chester on Oct 21, 2020

This is huge-- I think it soundly moves the goalpost from 'if enough funding is available' to 'OK, now when will we see it up and running'

Gary Hilberg on Oct 21, 2020

Matt - I think that you are correct, but he individual members of UAMPS that are part of the project have to commit, this is not all of the members but a significant number.

Thank Gary for the Post!

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