Subsidy Tracker Individual Entry

Company: 
WESTINGHOUSE ELECTRIC COMPANY LLC
Parent Company: 
Brookfield Asset Management
Subsidy Source: 
federal
State in Which Facility Is Located: 
Pennsylvania
Project Description: 

WESTINGHOUSE ELECTRIC COMPANY - NEW MEITNER AWARD. CONTROL NUMBER: 1798-1520. TITLE: ''SELF-REGULATING, SOLID CORE BLOCK 'SCB' FOR AN INHERENTLY SAFE HEAT PIPE REACTOR'' WESTINGHOUSE ELECTRIC COMPANY LLC WILL DEVELOP THE CONCEPTUAL BASIS REQUIRED TO SHOW THAT THE SAFETY CHARACTERISTICS AND DESIGN SIMPLICITY OF THE EVINCI?"? MICRO REACTOR WILL RESULT IN AN INHERENTLY SAFE REACTOR THAT DOES NOT RELY ON A SAFETY RELATED INSTRUMENTATION AND CONTROL (I&C) SYSTEM, AC POWER OR OPERATOR ACTIONS TO ACHIEVE SAFE SHUTDOWN. DEPLOYMENT OF THE EVINCI?"? MICRO REACTOR WILL OVERCOME THE KEY CHALLENGES ASSOCIATED WITH CURRENT NUCLEAR POWER GENERATION: COMPLICATED PLANT DESIGN; UNCERTAIN CONSTRUCTION TIMES; HIGH OPERATING COST; HIGH FINANCING COST; OPERATIONAL LIMITATIONS ON LOAD FOLLOW; LOW ENERGY USE EFFICIENCY AND COMPLEX INTEGRATION COMPATIBILITY WITH THE ELECTRIC GRID. ----------

Year: 
2019
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$1,068,853
Program Name: 
Advanced Research Projects Agency - Energy
Catalog of Federal Domestic Assistance code: 
81.135
Awarding Agency: 
Energy Department
Type of Subsidy: 
federal grant
Source of Data: 
Source Notes: 
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