Subsidy Tracker Individual Entry
Company:
HOLTEC GOVERNMENT SERVICES, LLC
Parent Company:
Holtec International
Subsidy Source:
federal
State in Which Facility Is Located:
New Jersey
Project Description:
HOLTEC INTERNATIONAL IS DESIGNING THE SMR-160, A WALK-AWAY SAFE ADVANCED REACTOR WITH 160 MWE NET OUTPUT, WITH EXCELLENT ECONOMICS AND FLEXIBLE OPERATING FEATURES FOR DOMESTIC AND GLOBAL MARKET DEPLOYMENTS BY THE LATE-2020S. A VERSATILE, SAFE, AND ECONOMICAL SMALL MODULAR REACTOR, SMR-160 CAN PRODUCE ELECTRICITY AND PROCESS STEAM, AND CAN USE COOLING WATER OR AIR TO REJECT ITS WASTE HEAT. ALL SAFETY-SIGNIFICANT FUNCTIONS ARE PASSIVE AND RENDER THE PLANT UNCONDITIONALLY SAFE.
Year:
2021
Major Industry of Parent:
miscellaneous energy products and systems
Specific Industry of Parent:
energy systems
Subsidy Value:
$18,161,670
Program Name:
Nuclear Energy Research, Developmennt and Demonstration
Catalog of Federal Domestic Assistance code:
81.121
Awarding Agency:
Energy Department
Type of Subsidy:
federal grant
Source of Data:
Source Notes:
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