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MegadealsSubsidy Tracker Individual Entry
Company: Nuscale Power, LLC
Parent Company:
NuScale Power
Subsidy Source: federal
State in Which Facility Is Located: Oregon
Project Description: THE PROJECT PROPOSED BY NUSCALE POWER, LLC (NUSCALE) ADVANCES THE DEVELOPMENT AND DEPLOYMENT OF AN INNOVATIVE SMALL MODULAR REACTOR (SMR) THAT OFFERS SAFE, AFFORDABLE, SCALABLE, FLEXIBLE, AND RESILIENT SOURCES OF ZERO-CARBON ENERGY. THIS PROJECT IS PHASE TWO OF THE FIRST OF A KIND NUCLEAR DEMONSTRATION READINESS PROJECT. THE OVERARCHING OBJECTIVE OF THE PHASE TWO NUSCALE SMR FOAK NUCLEAR DEMONSTRATION READINESS PROJECT IS TO ENHANCE INNOVATION AND COMPETITIVENESS OF THE U.S. NUCLEAR INDUSTRY BY ENABLING TIMELY DEPLOYMENT OF THE NUSCALE SMR.
Year: 2018
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: power systems
Subsidy Value: $43,200,000
Program Name: Nuclear Energy Research, Development and Demonstration
Catalog of Federal Domestic Assistance code: 81.121
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Source of Data:
(click here)
Notes: Year is first year of award performance period. Subsidy value is cumulative obligated total to date. Program name is per the Catalog of Federal Domestic Assistance code.
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