Project: financingGovernment-published
What was reported
DOE is awarding TerraPower LLC (Bellevue, Washington) and X-energy (Rockville, Maryland) $80 million each in initial funding to build two advanced nuclear reactors that can be operational within seven years.Regulator, government, developer and customer statements named in the Project Ledger · U.S. Department of Energy, Office of Nuclear Energy statement · Oct 13, 2020 · Open the source ↗
What the evidence supports
That U.S. Department of Energy, Office of Nuclear Energy, a government body, published the quoted statement. It records "announced" for DOE Advanced Reactor Demonstration Program initial award to TerraPower (cost-shared; later funding subject to appropriations) under financing only. The amount is recorded as stated (USD 80m).
What remains unknown
Announced money is not committed money. Whether the project is fully financed, and whether conditional money has closed or been drawn, unless the quoted passage says so.
Source passages
Exact excerpts from the source, with links. Quotes are checked character for character against our stored copy.
U.S. Department of Energy, Office of Nuclear Energy statementDOE is awarding TerraPower LLC (Bellevue, Washington) and X-energy (Rockville, Maryland) $80 million each in initial funding to build two advanced nuclear reactors that can be operational within seven years.Regulator, government, developer and customer statements named in the Project Ledger · U.S. Department of Energy, Office of Nuclear Energy statement · Oct 13, 2020 · Open the source ↗
Revision history
- Revision 1 · Nov 11, 2026, 21:12 UTC
Natrium Kemmerer Unit 1: DOE Advanced Reactor Demonstration Program initial award to TerraPower (cost-shared; later funding subject to appropriations) (announced)
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