Generation III+ Small Modular Reactor Pathway to Deployment
Closed Posted
- Opportunity number
- DE-FOA-0003485
- Agency
-
Headquarters
Department of Energy
- Applications due
- Award size
- $1,000,000 to $800,000,000
Opportunity facts
- Assistance listings
-
- 81.255 Clean Energy Demonstrations
- Funding instrument
- Not on record
- Category
-
- Energy
- Eligible applicants
-
- Other
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Department of Energy (DOE) Headquarters is seeking applicants for the Generation III+ Small Modular Reactor (Gen III+ SMR) Pathway to Deployment. The solicitation aims to support the commercialization and deployment of domestic Gen III+ SMR technologies, with a focus on overcoming barriers to achieve commercial liftoff. Key contract requirements include securing committed investments in an orderbook of new nuclear projects and standing up the industrial base needed for fleet-level deployment. Priority will be given to projects with the highest probability of successful deployment, greatest potential to develop a Gen III+ SMR orderbook, and greatest potential contribution to domestic nuclear industry resilience. Applications are due by January 17, 2025.
The DOE is making available approximately $900 million in federal funds, with up to $800 million under Tier 1 to support up to two first mover teams for near-term grid-scale deployment of domestic Gen III+ SMR technologies, and up to $100 million under Tier 2 to spur additional Gen III+ SMR deployments. The DOE will make milestone-based Other Transaction Agreement awards, with the federal share not to exceed 50% of total project costs. Eligible applicants include U.S. commercial utilities, end-users, project development companies, and incorporated consortia.
Synopsis
Nuclear energy is the nation's largest source of carbon-free power, and it provided 48 percent of America's carbon-free electricity in 2023. The nuclear industry today is building new commercialization momentum as utilities and other potential customers see the successful operation of Vogtle Units 3 and 4, anticipate sustained load growth, and begin to take advantage of tax credits and other financial support made available by the Inflation Reduction Act. Utilities are seeking and receiving Nuclear Regulatory Commission (NRC) licensees to extend reactor operations to 80 years, planning to uprate reactor capacity, reversing plans to close reactors, and restarting formerly shuttered reactors. However, the industry must still overcome barriers to achieve commercial liftoff by securing committed investments in an orderbook of new nuclear projects and standing up the industrial base needed for fleet-level deployment.
Files
| File | Type | Posted |
|---|---|---|
| DE-FOA-0003485 - GenIII+SMR Working BAA - Final - For Release.pdf |
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