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DENE0009046

Cooperative Agreement

Overview

Grant Description
Bwxt’s Risk Reduction Project is to Mature Technology in Targeted Areas to Improve the Commercial Viability of Our Small, Transportable Htgr Design. Project Activities over the Next 5 to 7 Years Will Mature These Technologies to Trl / Mrl Comparable to the Baseline Design, but with Favorable Plant Economics.
Funding Goals
THIS PROGRAM IS INTENDED TO FACILITATE THE DEVELOPMENT OF U.S. PRIVATE INDUSTRY ADVANCED NUCLEAR REACTOR DEMONSTRATIONS. IT WILL PROVIDE FUNDING FOR SEVERAL ADVANCED REACTORS THAT ARE RELIABLE, COST EFFECTIVE, LICENSABLE, AND COMMERCIALLY VIABLE. THESE DESIGNS ARE EXPECTED TO ENABLE A MARKET ENVIRONMENT IN WHICH COMMERCIAL REACTOR SERVICES ARE AVAILABLE THAT ARE SAFE AND AFFORDABLE TO BOTH CONSTRUCT AND OPERATE WHEN COMPARED TO COMPETING, ALTERNATIVE SOURCES OF ENERGY IN THE NEAR- AND MID-TERM. THESE DESIGNS ARE EXPECTED TO PROVIDE SIGNIFICANT IMPROVEMENTS IN SAFETY, SECURITY, ECONOMICS, AND ENVIRONMENTAL IMPACTS OVER CURRENT NUCLEAR POWER PLANT DESIGNS.
Place of Performance
Charlotte, North Carolina United States
Geographic Scope
City-Wide
Analysis Notes
Amendment Since initial award the total obligations have increased 167% from $7,340,531 to $19,569,734.
Bwxt Advanced Technologies was awarded Risk Reduction Project Improved Commercial Viability of Small HTGR Design Cooperative Agreement DENE0009046 worth $19,569,734 from the Office of Nuclear Energy in March 2022 with work to be completed primarily in Charlotte North Carolina United States. The grant has a duration of 6 years 9 months and was awarded through assistance program 81.135 Advanced Research Projects Agency - Energy. The Cooperative Agreement was awarded through grant opportunity Advanced Reactor Demonstration.

Status
(Ongoing)

Last Modified 5/12/25

Period of Performance
3/8/22
Start Date
12/31/28
End Date
51.0% Complete

Funding Split
$19.6M
Federal Obligation
$0.0
Non-Federal Obligation
$19.6M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DENE0009046

Transaction History

Modifications to DENE0009046

Additional Detail

Award ID FAIN
DENE0009046
SAI Number
None
Award ID URI
None
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892432 IDAHO OPERATIONS OFFICE
Funding Office
892400 NUCLEAR ENERGY
Awardee UEI
UMBKD2WKD8N5
Awardee CAGE
896V3
Performance District
NC-09
Senators
Thom Tillis
Ted Budd

Budget Funding

Federal Account Budget Subfunction Object Class Total Percentage
Nuclear Energy, Energy Programs, Energy (089-0319) Energy supply Other services from non-Federal sources (25.2) $8,201,163 100%
Modified: 5/12/25