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Advanced Walkaway Safe Nuclear Reactors Are Funded for $230 Million

The Advanced Reactor Demonstration Program (ARDP) within the Office of Nuclear Energy (NE) has been allocated $230 million to start a new demonstration program for advanced reactors. Through cost-shared partnerships with industry, ARDP will provide $160 million for initial funding to build two reactors that can be operational within the next 5 to 7 years. There are three different development and demonstration pathways: * Advanced reactor demonstrations, which are expected to result in a fully functional advanced nuclear reactor within 7 years of the award. * Risk reduction for future demonstrations, which will support up to five additional teams resolving
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