DOE Awards $19 Million to Advance Nuclear Fuel Recycling

The U.S. Department of Energy's Office of Nuclear Energy has awarded over $19 million to five U.S. companies to research and develop recycling technologies for used nuclear fuel. The projects aim to reduce the volume of used fuel stored across the country and maximize reliable power production. The companies will study various methods, including electrochemical processing and pyro-processing, to recycle used nuclear fuel. The awards support President Trump's nuclear energy agenda and will help to advance the development of recycling technologies that meet the nation's strict nonproliferation standards and national security goals. The projects will last up to three years and require a minimum 20 percent cost share from each award recipient.

Counterparts (6)

recipient

A

Alpha Nur Inc.

company

C

Curio Solutions, LLC

company

F

Flibe Energy Inc.

company

O

Oklo Inc.

company

S

Shine Technologies, LLC

company

Investor

U.S. Department of Energy (DOE)

company

The U.S. Department of Energy (DOE) plays a crucial role in advancing the energy, environmental, and nuclear security of the United States. It invests in a wide range of energy technologies and infrastructure projects, including renewable energy, grid modernization, and nuclear energy.