The US Department of Energy (DOE) has selected projects to develop a pebble bed reactor and a molten chloride fast reactor to receive multi-year cost-share funding worth up to a total of $80 million. The DOE will fund cost-shared research and development activities with industry to support X-energy’s Xe-100 Pebble Bed Advanced Reactor and Southern Company Services’ Molten Chloride Fast Reactor (MCFR). The projects were selected following a competitive process. The DOE’s initial investment will be $6 million for each project. According to the DOE, the possible multi-year cost-share value for the research is up to $80 million.
World Nuclear News 18th Jan 2016 read more »