US DoE names firms for Trump's fast-track nuclear scheme
Briefly

The Department of Energy has partnered with ten companies to test advanced reactor projects as part of President Trump's Nuclear Reactor Pilot Program. This initiative, established to facilitate private sector engagement in nuclear energy, aims to have at least three test reactors operational by July 4, 2026. The listed companies, including Aalo Atomics and Terrestrial Energy, are expected to benefit from authorization under the Atomic Energy Act, allowing for easier access to funding. However, commercial reactor licensing remains under the purview of the Nuclear Regulatory Commission, limiting the DoE's role to development and demonstration efforts.
America's Department of Energy (DoE) has named ten companies to advance nuclear reactor testing, aiming to streamline private sector involvement and regulatory processes.
The Reactor Pilot Program seeks to accelerate new nuclear power, targeting the operation of at least three test reactors by July 4, 2026.
Authorization under the Atomic Energy Act enables companies to secure funding for projects outside traditional government labs, enhancing private sector engagement in nuclear energy.
The initiative comes in response to perceived federal limitations on deploying advanced reactors, a strategic move to support the expansion of the nuclear energy sector.
Read at Theregister
[
|
]