Advanced Reactor Concepts-20
Stored: Advanced Reactor Concepts-20
| Type | Initiative |
|---|---|
| Sponsor Organization | Office of Nuclear Energy |
| Top Organization | Department of Energy |
| Creation Legislation | N/A |
| Website | Website |
| Purpose | To support the development of innovative nuclear reactor designs that have the potential for commercialization by the mid-2030s, focusing on early-stage advanced reactor concepts to reduce technical risks and accelerate market readiness.[1] |
| Program Start | 2020 |
| Initial Funding | $20 million[2] |
| Duration | 4 years |
| Historic | Yes |
Advanced Reactor Concepts-20 (ARC-20) is an initiative aimed at supporting the development of innovative nuclear reactor designs that have the potential for commercialization by the mid-2030s. It focuses on early-stage advanced reactor concepts to reduce technical risks, accelerate market readiness, and foster the transition to a more sustainable and secure energy future.[3]
Goals
- Assist in the progression of advanced reactor designs in their earliest phases.[4]
- Mature concepts from pre-conceptual to conceptual design stages.
- Support diverse and innovative reactor technologies for future energy markets.
Organization
The ARC-20 initiative is managed by the Office of Nuclear Energy within the U.S. Department of Energy. The program is overseen by the Advanced Reactor Technologies Office, with leadership from the Assistant Secretary for Nuclear Energy.
Partners
- No specific partnerships are listed as the initiative directly funds selected teams.
History
ARC-20 was launched in 2020 as part of the DOE's Advanced Reactor Demonstration Program (ARDP), designed to complement other efforts like Advanced Reactor Demonstrations and Risk Reduction for Future Demonstrations. It awarded $20 million to three teams in December 2020 to develop conceptual designs of advanced reactors. These included projects from Advanced Reactor Concepts LLC, General Atomics, and MIT. The initiative was part of a broader strategy to rejuvenate nuclear energy technology, focusing on safety, efficiency, and economic competitiveness. The ARC-20 initiative concluded its funding cycle in 2024, with the projects moving towards commercialization or further development stages.
Funding
ARC-20 was initially funded with $20 million in 2020, with the DOE anticipating a total investment of about $56 million over four years, expecting industry partners to match at least 20% of the funding.[5]
Implementation
Implementation included:
- Selection of three teams to develop advanced reactor concepts.
- Funding for conceptual design development, including technical and economic assessments.
- Engagement with national labs for technical support and validation.
The initiative had a defined duration of four years, concluding in 2024.
Related
External links
- https://www.energy.gov/ne/advanced-reactor-concepts-20
- wikipedia:Advanced Reactor Concepts-20
Social media
- No specific social media accounts for ARC-20; follow the Department of Energy for updates.
References
- ↑ "DOE Awards $20 Million for Advanced Reactor Concepts". https://www.energy.gov/ne/articles/doe-awards-20-million-advanced-reactor-concepts. Retrieved January 30, 2025.
- ↑ "DOE Awards $20 Million for Advanced Reactor Concepts". https://www.energy.gov/ne/articles/doe-awards-20-million-advanced-reactor-concepts. Retrieved January 30, 2025.
- ↑ "DOE Awards $20 Million for Advanced Reactor Concepts". https://www.energy.gov/ne/articles/doe-awards-20-million-advanced-reactor-concepts. Retrieved January 30, 2025.
- ↑ "DOE Awards $20 Million for Advanced Reactor Concepts". https://www.energy.gov/ne/articles/doe-awards-20-million-advanced-reactor-concepts. Retrieved January 30, 2025.
- ↑ "DOE Awards $20 Million for Advanced Reactor Concepts". https://www.energy.gov/ne/articles/doe-awards-20-million-advanced-reactor-concepts. Retrieved January 30, 2025.