DOE Taps TVA, Holtec for $800M in Early SMR Deployment Funding
The U.S. Department of Energy (DOE) announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee and Michigan, while also facilitating additional follow-on projects and associated supply chains. . “President Trump has made clear that America is going to build more energy, not less, and nuclear is central to that mission.” DOE taps TVA, Holtec for $800M in early SMR deployment funding