DOE to invest $3.5mn in advanced nuclear reactor projects

[wtmusic]

Gen4Energy's reactor is a lead-bismuth cooled design which is portable and can deliver 25MWe

"The Department of Energy announced $3.5 million for four advanced nuclear reactor projects that go beyond traditional light water designs, according to Electric Light & Power/POWERGRID International. These projects — led by General Atomics, GE Hitachi, Gen4 Energy and Westinghouse — will address key technical challenges to designing, building and operating the next generation of nuclear reactors.

“Public-private research in advanced nuclear reactors will help accelerate American leadership in the next generation of nuclear energy technologies and enable low-carbon nuclear power to be a significant contributor to the U.S. energy economy,” said Energy Secretary Ernest Moniz.

With support from the DOE, private industry and the DOE's national laboratories have achieved significant advances that boost the safety and efficiency of new nuclear power reactors worldwide. For example, the DOE's early research and development investments in passive safety laid the foundation for the nuclear reactors currently under construction in Georgia and South Carolina. The projects announced today will further advance nuclear energy technology — providing more options for low-carbon energy."

http://www.power-eng.com/articles/2013/06/doe-to-invest-35mn-in-advanced-nuclear-reactor-projects.html

[Kolesar]

1. Which won't be operational for decades, I expect ... eom