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 Notes: 
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