Sept 30 (Reuters) - The U.S. Department of Energy said
on Tuesday it has selected Sam Altman-backed nuclear technology
firm Oklo ( OKLO ), Terrestrial Energy, TRISO-X and Valar
Atomics for its new pilot program to build advanced nuclear fuel
lines.
The announcement comes as part of the Trump administration's
efforts to strengthen domestic supply chains for nuclear fuel
and support the DOE's Reactor Pilot Program, which expects to
have at least three reactors achieve criticality by July 4,
2026.
U.S. nuclear power is gaining traction after decades of
stagnation, fueled by surging electricity demand from
energy-hungry data centers and the electrification of
transportation and manufacturing industries.
President Donald Trump issued executive orders in May
seeking to speed permitting of nuclear reactors and reform the
Nuclear Regulatory Commission, an independent agency. The orders
allow the Energy Department to authorize the test reactors
without the NRC.
In August, the DOE said it had made an initial selection of
11 projects for a pilot program seeking to develop high-tech
test nuclear reactors and get at least three of them to begin
operating in less than a year.
Oklo ( OKLO ), Terrestrial Energy and Valar Atomics were initially
selected for the DOE's Reactor Pilot Program and Tuesday's
announcement expands access to the advanced fuel required to
test their designs and accelerate the transition from
demonstration to deployment.
The DOE said that each company will be responsible for all
costs associated with designing, manufacturing, constructing,
operating and decommissioning their test reactors.