Energy Department Hands Out $800M In Grants For Small Nuclear Reactors
Small nuclear reactors get a major boost as the Energy Department awards $800M to TVA and Holtec to accelerate next-gen nuclear projects.
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Energy Department Hands Out $800M In Grants For Small Nuclear Reactors Small Nuclear Reactors Get $800M Boost as U.S. Ramps Up Next-Gen Energy Push The U.S. energy landscape is shifting fast, and “small nuclear reactors” are suddenly at the center of attention. With rising electricity demand driven by AI data centers and national grid stress, many readers are searching for whether the U.S. is finally investing in new nuclear power and how soon these reactors might come online. This week, the Department of Energy answered that question with a major funding move: an $800 million investment aimed at accelerating next-generation small modular reactors, a step the agency says will strengthen energy security and support long-term clean power goals. The announcement signals a renewed federal push to bring modular nuclear technology out of the prototype phase and into real-world deployment. And for the companies involved—TVA and Holtec—it represents one of the most significant nuclear investments of the decade. Credit: Jean-Luc De Zorzi / Getty Images DOE Awards $8…
