Article 53V9N The US Government Just Invested Big in Small-Scale Nuclear Power

The US Government Just Invested Big in Small-Scale Nuclear Power

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The US Government Just Invested Big in Small-Scale Nuclear Power:

Amid the coronavirus lockdowns around the world, one of few positive pieces of news we've heard is that carbon emissions have dropped dramatically. The clearer skies and cleaner air have led to a renewed vigor behind calls for retiring fossil fuels and investing more heavily in renewable energy. Proponents of renewables tend to focus on solar and wind as the best green energy sources, leaving out a lingeringly controversial yet crucial player: nuclear power.

Last week, the US Department of Energy (DOE) shone a light on nuclear's potential in the most effective possible way: by dumping a bunch of money on it. The DOE launched its Advanced Reactor Demonstration Program to the tune of $230 million. That sum is broken down into $160 million for scientists currently working on nuclear reactors that could be operational in 5 to 7 years, and another $70 million for additional research and development down the road.

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