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LCG, May 14, 2026--The U.S. Environmental Protection Agency (EPA) announced today that it is proposing a rule to revise wastewater limits, known as effluent limitations guidelines (ELG), for steam electric power plants that will help improve grid reliability and lower electricity prices while continuing to support clean and safe water resources. If finalized, the EPA's proposal is estimated to reduce electricity generation costs by as much as $1.1 billion annually, which could provide cost-savings to American consumers.
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LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.
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Industry News
DOE Awards $94 Million to Eight American Companies to Accelerate SMR Deployments and Develop Supply Chain
LCG, May 14, 2026--The U.S. Department of Energy (DOE) today announced the selection of eight companies to support the near-term deployment of advanced light-water small modular reactors (SMRs) in the United States. The DOE states that awardees will collectively receive more than $94 million in Federal cost-shared funding to spur additional Gen III+ SMR deployments by addressing key gaps that have hindered the domestic nuclear industry in licensing, supply chain, and site preparation.
The DOE expects that supporting these projects will bolster the supply chain needed to deliver new nuclear generation in the 2030s, strengthen the development of Gen III+ SMR orderbooks, and advance President Trump’s Executive Orders to usher in a nuclear renaissance and expand America’s Energy Dominance agenda.
The Secretary of Energy stated, "President Trump has made clear that America is going to build more energy, not less, and nuclear is central to that mission. Advanced light-water SMRs will give our nation the reliable, round-the-clock power we need to fuel the President’s manufacturing boom, support data centers and AI growth, and reinforce a stronger, more secure electric grid. These awards ensure we can deploy these reactors as soon as possible."
The DOE selected the following companies for awards under the Generation III+ SMR Pathway to Deployment Program:
SMR Site Selection and Preparation
- Constellation SMR Development, LLC, $17,264,292, to pursue a Nuclear Regulatory Commission (NRC) approved Early Site Permit (ESP) for a location in New York to support the future deployment of Gen III+ SMRs.
- Nebraska Public Power District, $27,864,860, to obtain a NRC approved ESP for a location in Nebraska to support the future deployment of Gen III+ SMRs.
SMR Supply Chain Development
- BWXT Nuclear Energy, Inc., $21,423,305, to procure equipment for an existing facility in Mount Vernon, Ind., that is required for final assembly of reactor pressure vessels and the manufacture of other large nuclear reactor components.
- Container Technologies Industries, LLC, $547,900, to expand the company’s nuclear quality assurance certifications for their facility in Helenwood, Tenn., to enable them to produce steel for Gen III+ SMR deployments.
- Framatome U.S. Government Solutions, LLC, $8,800,000, to expand a fuel fabrication facility in Richland, Wash., by increasing the number of ceramic pellet production lines, adding approximately 200 metric tons of uranium of annual capacity.
- Global Nuclear Fuel Americas, LLC, $3,000,000, to establish a second production line for fuel rod fabrication for boiling water reactors, acquire capital equipment to automate the pellet inspection process, and implement automated storage and handling for pellets, for their facility in Wilmington, N.C.
- American Forgemasters Company, $2,900,000, to procure a new furnace for their facility in New Castle, Pa., to facilitate the domestic production of large component forgings for Gen III+ SMRs.
- Scot Forge Company, $12,267,000, to procure and install a large vertical turning lathe and gantry style milling machine for a facility in Spring Grove, Ill., to facilitate the domestic production and manufacturing of large components for Gen III+ SMRs.
As the United States prepares for continued growth in electricity demand, President Trump has charged DOE with adding new, affordable, and reliable energy to keep American energy secure. The DOE's perspective is that light-water SMRs offer flexible deployment, proven technology, and the ability to leverage existing supply chains, making them the fastest and most scalable path to new nuclear capacity.
In March 2025, the DOE issued a $900 million solicitation to de-risk the deployment of Gen III+ SMRs. The DOE announced $800 million in Tier 1 awards in December 2025 to the Tennessee Valley Authority and Holtec Government Services to advance initial projects in Tennessee and Michigan that will help expand the country’s nuclear capacity while facilitating additional follow on projects and associated supply chains. Another round of awards under Tier 2 may be issued if additional funds become available.
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