News & Analysis as of

Nuclear Power Energy Projects Federal Funding

Hogan Lovells

DOE’s office of Nuclear Energy issues request for application for Reactor Pilot Program

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On June 18, 2025 the Department of Energy (“DOE”) issued a Request for Application (“RFA”) for a Reactor Pilot Program to construct and operate advanced nuclear reactors outside of the National Laboratories. This program is...more

Foley & Lardner LLP

Nuclear Power in 2025 – DOE Loan Programs Office (LPO) at the Forefront

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As the U.S. faces surging electricity demand from AI data centers, infrastructure upgrades and decarbonization goals, nuclear energy is re-emerging as a viable clean power source. Central to this 2025 revival is the U.S....more

DLA Piper

US Government Announces Intent to Fund Nuclear Energy Projects

DLA Piper on

The Trump Administration recently issued four Executive Orders (EOs) focused on nuclear technologies that, collectively, aim to “unleash the domestic nuclear base,” “reestablish the United States as the global leader in...more

Akin Gump Strauss Hauer & Feld LLP

Reinvigorating the Nuclear Industrial Base (Trump EO Tracker)

Directs the Department of Energy to submit a comprehensive fuel cycle report, expand enrichment and reprocessing under the Defense Production Act (DPA), and fund reactor restarts and construction through the Loan Programs...more

Pillsbury Winthrop Shaw Pittman LLP

U.S. Department of Energy Reopens Funding Initiative for Gen III+ Small Modular Reactors with Key Modifications Reflecting Trump...

DOE has slightly modified its evaluation process and is offering both previous and new applicants the opportunity to submit proposals for next generation nuclear power projects under the updated criteria....more

Holland & Knight LLP

Department of Energy Funding Update

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The U.S. Department of Energy (DOE) on March 24, 2025, reissued its $900 million solicitation for small modular nuclear reactors (Generation III+ Small Modular Reactor Pathway to Deployment, DE-FOA-0003485) using funds from...more

Dorsey & Whitney LLP

Energy Law: Month in Review - February 2025

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Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, February 20, 2025

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Pennsylvania officials are awaiting further guidance on federal funding cuts — impacting infrastructure, energy, transit, and more — with Governor Josh Shapiro’s office suing five federal agencies over $1.2 billion in...more

Jones Day

U.S. Department of Energy Conditionally Commits Up to $1.5 Billion to Finance Nuclear Plant in Michigan

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Holtec Palisades is the first project to receive a conditional funding commitment from the U.S. government through the Inflation Reduction Act's Energy Infrastructure Reinvestment ("EIR") program....more

BCLP

How to Become a Nuclear Company

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As we discussed in our earlier Article, the Nuclear Energy (Financing) Act, 2022 (the “Nuclear Act”) enacted by the UK Government on 31 March 2022 aims to promote the regulated asset base (“RAB”) model as a method of funding...more

Hogan Lovells

DOE Awards $160M for Advanced Nuclear

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On October 13, 2020, the U.S. Department of Energy (DOE) awarded X-energy and TerraPower $80M each for their respective initiatives to build advanced nuclear reactors. The proposals were evaluated under the Advanced...more

Morgan Lewis - Up & Atom

DOE Announces ARDP Funding Recipients

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The suspense is over. The US Department of Energy (DOE) announced Tuesday that it had awarded $80 million each to TerraPower and X-energy under the Advanced Reactor Demonstration Program (ARDP) for them to build two advanced...more

Hogan Lovells

DOE Announces Award of nearly $30m to Support Fusion Technologies

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In early September, the Department of Energy (DOE) announced that it awarded nearly $30 million in funding to support nuclear fusion technologies....more

Morgan Lewis - Up & Atom

Update: DOE Changes Key Dates for Advanced Reactor Demonstration Funding Opportunity

The US Department of Energy (DOE) has announced new key dates for companies considering applying for funding for its Advanced Reactor Demonstration (ARD) program. Morgan Lewis previously reported on the ARD Funding...more

Holland & Knight LLP

2020 Clean Energy Outlook

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The flurry of activity at the end of 2019 demonstrates that congressional support for clean energy research and development (R&D) remains strong, as evidenced by level or increasing budgets for most of the relevant programs...more

BCLP

Fronting-up to the Cost of Nuclear?

BCLP on

The Government has issued a consultation paper to assess whether the Regulated Asset Base (“RAB”) model for funding nuclear projects would incentivise investment by the private sector into new nuclear projects. New nuclear...more

Latham & Watkins LLP

Proposed Market Framework for Financing Small Nuclear Projects in the UK

Latham & Watkins LLP on

The Expert Finance Working Group on Small Nuclear Reactors (EFWG), an independent group convened in January 2018 by the Department for Business, Energy & Industrial Strategy, recently published its report with recommendations...more

Hogan Lovells

DOE Moves Forward on Advanced Reactor Funding & Collaboration

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The U.S. Department of Energy (DOE) this week announced the award of approximately $60 million to 13 advanced reactor projects—the first under the funding opportunity announcement (FOA) “U.S. Industry Opportunities for...more

Hogan Lovells

Advanced Reactors Front and Center at House Committee Hearing on Nuclear Energy

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The House Committee on Energy and Commerce, Subcommittee on Energy held a hearing February 6, 2018 to discuss the challenges facing America’s nuclear infrastructure, including advanced reactor development. ...more

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