DFC

Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER.  On Oct. 16, the Department of Energy (DOE) approved a $1.355 billion award to fund the Carbon Free Power Project (CFPP), a potential 720-MWe NuScale […]

A government-run development bank is expected to end its ban on investment in nuclear energy, a move that could allow U.S. companies to take a greater role in foreign nuclear power projects. The U.S. International Development Finance Corporation (DFC) as early as this week could lift its prohibition on supporting nuclear power. The DFC on […]