Holtec joins race for modular nuclear reactor funding

NuHub has partnered with Holtec International Inc. to compete for one of two federal grants from the U.S. Department of Energy for small modular reactor (SMR) development.

NuHub has partnered with Holtec International Inc. to compete for one of two federal grants from the U.S. Department of Energy for small modular reactor (SMR) development.

The $452 million DOE funding will support the engineering, design certification and licensing for up to two prototype SMR designs. Holtec has a 160 MW pressurized water reactor called the SMR-160 at the Savannah River Site (SRS).

NuHub earlier announced a similar agreement with NuScale Power LLC, and will support applications from both Holtec and NuScale for the DOE’s SMR program.

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