TheÂ Department of Energy has announced solicitation proposals for the development of nuclear reactors and supplementary technologies in aims to promote the use of nuclear power in the U.S.
DOE said Friday it will open a five-year application period for interested potential contractors and conduct selection processes quarterly.
The Department plans to obligate $30 million or more in fiscal 2018 funding to the selected contractor.
âTargeted early-stage investment in advanced nuclear technology will support a strong domestic industry now and into the future,â said DOE Secretary Rick Perry.
The effort persuades industry firms to collaborate with government agencies, laboratories, higher education institutions and other relevant parties within the country.