The U.S. Department of Energy has selected 11 projects for a nuclear reactor pilot program, with hopes of fully developing three of the projects by July 2026.
Under the program, the department will expedite these projects through its authorization procedure for nuclear reactors, and assign teams to work with the companies to help them through the development process, but the government will not provide any funds to the participating companies.
According to the language of the initial announcement in June, the program will “help unlock private funding and provide a fast-tracked approach to enable future commercial licensing activities for potential applicants.”
President Donald Trump issued an executive order in May instructing the Department of Energy to create the program to “foster nu