Duke Energy supports DOE's $400 million nuclear investment for SMR deployment

Summary

Duke Energy participates in a DOE cost-share project supporting a $400 million grant to the Tennessee Valley Authority for the deployment of GE Vernova Hitachi's BWRX-300 small modular reactors. This collaboration aims to advance nuclear technology, enhance grid reliability, and support economic growth. Duke Energy plans to submit a site permit application for potential SMR deployment in North Carolina by year-end.

Recent Coverage

• Duke Energy applauds Department of Energy’s new nuclear investments, helps advance deployment of SMRs in the U.S.

  Duke Energy • Dec 4