Perry's Big Nuclear Announcement
Earlier
today, U.S. Secretary of Energy Rick Perry announced the launch of the
Department of Energy's (DOE) Versatile Fast Neutron Source, a project
detailed in the Nuclear Energy Innovation Capabilities Act of 2017. The
main take away from this announcement is that the DOE initiated a
Critical Decision 0 (CD-0) on Versatile Test Reactors (VTR). A CD-0
means that a mission need has been identified and DOE will begin work on
R&D, prototyping, conceptual designs, management plans, and cost
and
schedule estimates.
"The Versatile Test Reactor
is a key step to implementing President Trump's direction to revitalize
and expand the U.S. nuclear industry," quoted Perry. "This cutting edge
Advanced Reactor will give American companies the ability they
currently lack to conduct advanced technology and fuels tests without
having to go to our competitors in Russia and China."
Take a deeper dive on the DOE's Critical Decision Process HERE.
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