The US Office of Nuclear Energy (ONE) has confirmed the government is allocating billions in funding to support nuclear energy’s role in its future clean energy plans.
Nuclear power and technology received backing in the FY2024 spending bill recently signed by President Joe Biden, including more than $75 billion for the US Department of Energy (DOE).
The FY2024 spending bill allocates over $2.5b to ONE for research and development activities.
This funding will support studies related to the construction and deployment of new reactor technologies as the US aims to triple the nation’s nuclear capacity by 2050.
