The Future Of Small Modular Reactors: Department Of Energy Awards $1.35 Billion To NuScale Power For SMR Development

The U.S. Department of Energy just awarded $1.35 billion to the Carbon Free Power Project (CFPP) for the development of an experimental small modular reactor (SMR) plant. The CFPP – a subsidiary of the Utah Associated Municipal Power Systems (UAMPS) – will work with private partner NuScale Power, LLC to construct this plant at the Idaho National Laboratory, beginning in 2025. The CFPP hopes to see its first module come online in 2029.

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