The U.S. Department of Energy has announced X-energy as one of two awardees for its Advanced Reactor Demonstration Program (ARDP).
ROCKVILLE, MD – X-energy awarded $80 Million for the Department of Energy’s Advanced Reactor Demonstration Program (ARDP).
The U.S. Department of Energy has announced X-energy as one of two awardees for its Advanced Reactor Demonstration Program (ARDP), providing $160 million in initial funding to build two advanced nuclear reactors that can be operational within seven years. ARDP is designed to help domestic private industry demonstrate advanced nuclear reactors in the United States.
“We are honored by the DOE for selecting X-energy and our utility partner Energy Northwest to deliver our commercial-scale Xe-100 advanced reactor by 2027,“ said Clay Sell, X-energy CEO. “We commend the Department of Energy and Congress for recognizing the contribution of nuclear to the clean energy equation and in bringing this safe, secure, clean and affordable technology to the US and many countries around the world.”
“The awards are the first step of a new program that will strengthen American leadership in the next generation of nuclear technologies,” said U.S. Secretary of Energy Dan Brouillette. “These partnerships will help maximize DOE’s investment in advanced reactors, which play a vital role in our clean energy strategy.”
“X-energy was founded to make the world a better place by delivering transformational energy solutions, this award is a major step towards this goal,” said Kam Ghaffarian, founder and executive chairman of X-energy. “The opportunity to partner with the DOE on the ARDP will accelerate us on that path.”
The Xe-100 is an 80MWe (scalable to a 320 MWe four-pack) high temperature gas-cooled reactor, it uses TRi-structural ISOtropic particle fuel (TRISO), manufactured by X-energy, that can integrate into large, regional electricity systems as a base and load-following source of low-carbon power. As such, it can optimize grid use of low-emission, intermittent renewables and other clean power. The reactor is also ideal for project sites and other power applications, including a source for industrial process heat.
X-energy and its supply chain partners will deliver the commercial four-unit nuclear power plant of its Xe-100 reactor design and a commercial scale TRISO fuel fabrication facility.
About X-energy
X-energy is redefining nuclear energy. It manufactures fuel that seals uranium particles in a protective coating, so it’s inherently safe and retains the waste inside forever. X-energy also designs plants that unlock the fuel's potential in a process that's as clean as wind or solar. When combined, the result is reliable carbon-free baseload power, produced more safely and affordably than ever before and available anywhere, at any time. For more information, visit https://x-energy.com or connect with us on Twitter, LinkedIn or Instagram.
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