The Department of Energy is preparing to empty its loan guarantee piggy bank with a multibillion-dollar push to underwrite the development of innovative nuclear energy systems. DOE today released a draft solicitation for $12.6 billion worth of loan guarantees for advanced reactors, small modular reactors (SMRs), equipment upgrades to make existing nuclear power plants more efficient, and modernizing the "front end" of the nuclear fuel cycle such as uranium enrichment.
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