The Department of Energy has awarded $15.1M in total funds to support projects from three industry-led teamsÂ that aim to advanceÂ commercial nuclear platforms.
FirstEnergy Solutions, Blue Wave AI Labs and TerraPower will lead different groups composed of federal agencies, higher education institutions laboratories and other domestic organizations as part of DOE’sÂ U.S. Industry Opportunities for Advanced Nuclear Technology Development,Â the departmentÂ said Tuesday.
Ohio-based FirstEnergy Solutions will receive $9.2M to develop a hybrid energy-powered light water reactorÂ whileÂ Florida-based Blue Wave Capital and Consulting, doing business asÂ Blue Wave AI Labs, will get $5.5M to createÂ predictive maintenance tools with machine learning technology.
DOE will provide more than $492,000 to Washington-based TerraPower to produce aÂ fuel qualification methodology report for the company’s Traveling Wave Reactor. All three teams will allocate a total of $4.3M to the cost-sharedÂ projects.