US Congress Allocates USD 110 Million For Small Modular Reactor Funding

Posted by NucNet on 30 January 2014 in NucNet

The US Congress has appropriated 110 million US dollars (USD) (80 million euros) for funding to support the development of small modular reactors (SMRs) in 2014, the House of Representatives has said in a statement.

The US Department of Energy had requested an SMR research budget for 2014 of USD 70 million, an increase from USD 65 million in 2013. The USD 110 million appropriated by Congress is 57 percent more than the DoE asked for.

The statement said an additional USD 23 million would be appropriated for “advanced concepts” of SMRs..