Funding

Subscribe to Funding

On March 31st, President Biden unveiled a massive $2 trillion infrastructure and clean energy plan called the American Jobs Plan that aims, in part, to tackle what the White House calls two of the greatest challenges of our time: the climate crisis and competition with China.  Among the proposed investments, the American Jobs…

On February 16, the Nuclear Innovation Alliance (NIA) and the Partnership for Global Security (PGS) issued a report to help guide the Biden Administration in its support of nuclear amidst the President’s ambitious climate agenda. The report, U.S. Advanced Nuclear Energy Strategy for Domestic Prosperity, Climate Protection, National Security, and Global Leadership, provides detailed…

The year 2020 is surely to be remembered for the pandemic that swept the globe and affected the lives of millions of people and touched practically every industry sector. Despite the hardships faced, the nuclear industry has thrived with its promise of coupling American innovation and a zero-carbon energy solution. This blog post will highlight…

On Monday evening, Congress passed a $900B omnibus spending bill, which contains, most importantly, relief measures related to the COVID-19 pandemic, but also various authorizations and appropriations for FY2021, including $1.5 billion for fission and fusion energy programs. Title II of the Energy Act of 2020 (located at “Division Z” of the spending bill)…

While we often speak of nuclear power in terms of electricity production for our homes and businesses, it also has a number of other uses, including nuclear power and propulsion for space and maritime use, and there are a number of recent developments here.

Space

On October 20, 2020, Secretary of Energy Dan Brouillette and…

On October 13, 2020, the U.S. Department of Energy (DOE) awarded X-energy and TerraPower $80M each for their respective initiatives to build advanced nuclear reactors.

The proposals were evaluated under the Advanced Reactor Demonstration Program (ARDP), a new endeavor in the Office of Nuclear Energy. According to Dr. Rita Baranwal, the Assistant Secretary for Nuclear…

In early September, the Department of Energy (DOE) announced that it awarded nearly $30 million in funding to support nuclear fusion technologies.

As discussed in our in-depth whitepaper, The Regulation of Fusion – A Practical and Innovation-Friendly Approach, the U.S. is currently expanding on its nuclear technology capabilities, with commercial-scale fusion generation expected in…

Draft legislation American Nuclear Infrastructure Act of 2020 set to provide further support for advanced reactors

On July 29th, Senator Barrasso (R-WY) introduced a draft bill, the American Nuclear Infrastructure Act of 2020 (ANIA), which, aims to re-establish U.S. international competitiveness and global leadership in nuclear power.  Among other things, the draft bill would—

  • Empower

…

The United States has been struggling to compete with its peers in securing nuclear power plant construction projects around the world.  One of the factors impacting U.S. competitiveness is that many foreign countries such as Russia and China can obtain government financing to support foreign projects—whereas U.S. vendors cannot.  Under a recent proposal, this imbalance…