As part of the Energy Department’s Grid Modernization Initiative announced by Secretary Ernest Moniz last week to improve the resiliency, reliability and security of the nation’s electrical power grid, DOE today announced $18 million in funding for six new projects across the United States.
In support of the Administration’s goal to produce more carbon-free energy, today the U.S. Department of Energy (DOE) announced the selection of two companies, X-energy and Southern Company, to further develop advanced nuclear reactor designs. These awards, with a multi-year cost share of up to $80 million for both companies, will support work to address key technical challenges to the design, construction, and operation of next generation nuclear reactors.
In the days immediately following the State of the Union, Cabinet officials are embarking on the “State of the Union: Cabinet In Your Community” road tour to engage Americans in small towns, big cities and Indian country about the advancements the Administration has made on the most important issues facing the American people, as well as the opportunities and challenges that lie ahead. Secretary Moniz headed down to Florida to talk about Grid Modernization. Learn more about our nation's electric grid in this fact sheet.