DOE Awards $400 Million Grant to TVA Coalition for GE Vernova Hitachi's BWRX-300 SMR at Clinch River

Reuters12-03

DOE Awards $400 Million Grant to TVA Coalition for GE Vernova Hitachi's BWRX-300 SMR at Clinch River

The U.S. Department of Energy has announced a $400 million grant to the Tennessee Valley Authority $(TVA)$ and a coalition of utility and industry partners, including GE Vernova Hitachi, to accelerate deployment of the BWRX-300 small modular reactor $(SMR)$ technology. This funding aims to support the construction of the nation's first commercial SMR at TVA's Clinch River site in Oak Ridge, Tennessee, with commercial operation targeted for the early 2030s. In May, TVA submitted a construction permit application to the U.S. Nuclear Regulatory Commission $(NRC)$, which is currently under review. The grant underscores the DOE's commitment to advancing next-generation nuclear technology and strengthening the U.S. nuclear supply chain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GE Vernova Inc. published the original content used to generate this news brief on December 02, 2025, and is solely responsible for the information contained therein.

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