DOE’s Office of Nuclear Energy Awards $19 Million to Advance Recycling of Used Nuclear Fuel
The Office of Nuclear Energy today awarded over $19 million to five U.S. companies to research and develop recycling technologies for used nuclear fuel.
WASHINGTON — The U.S. Department of Energy’s (DOE) Office of Nuclear Energy today awarded over $19 million to five U.S. companies to research and develop recycling technologies for used nuclear fuel. Projects will support President Trump’s bold and ambitious nuclear energy agenda by helping to maximize reliable power production, end U.S. reliance on foreign sources of enriched uranium, and drastically reducing the volume of used fuel stored across the country.
Exclusive: Bezos fund backs nuclear initiative with $3.5M grant
Jeff Bezos' climate philanthropy is staking efforts to pave the way for building at least 10 new U.S. nuclear reactors.
Why it matters: The $3.5 million grant to the nonprofit Nuclear Scaling Initiative envisions an "orderbook" that "brings together multiple buyers to commit to building the same reactor design."
Davos underscored how leaders are navigating global energy crossroads
Under the theme “A Spirit of Dialogue,” the 2026 World Economic Forum (WEF) annual meeting once again brought world leaders, CEOs, policymakers and civil society representatives to Davos, Switzerland, to confront some of the most pressing challenges facing the global order.
At the heart of this dialogue was the global energy agenda. Delegates from around the world debated how to reconcile energy security, market stability, climate objectives, and economic competitiveness—all while navigating intensifying geopolitical pressures, divergent national strategies, and the risks and opportunities posed by new technologies.
What is the path forward for global energy security? Our experts weigh in with key takeaways from the energy conversations at Davos.
Why Billions for Uranium Enrichment Still Won’t Deliver Nuclear Fuel
Despite new federal spending, the missing ingredient for advanced nuclear power remains a buyer willing to commit early
This week, the Department of Energy announced $2.7 billion in grants to expand domestic uranium enrichment.This is a positive step because enrichment capacity is critical to sustain current reactors and enable growth. But, after years of concern about nuclear fuel supply, the move is being treated as a turning point for advanced nuclear power in the United States.
It isn’t—at least not in the way markets actually work.
Energy Department loans $1B to help finance the restart of nuclear reactor on Three Mile Island
HARRISBURG, Pa. (AP) — The U.S. Department of Energy said Tuesday that it will loan $1 billion to help finance the restart of the nuclear power plant on Pennsylvania’s Three Mile Island that is under contract to supply power to data centers for tech giant Microsoft.
The loan is in line with the priorities of President Donald Trump’s administration, including bolstering nuclear power and artificial intelligence.
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- Westinghouse plans to build 10 large nuclear reactors in U.S.
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