The U.S. Department of Energy (DOE) has released a funding opportunity announcement (FOA) to support development of advanced nuclear energy technology. DOE is soliciting proposals for cost-shared projects to develop innovative, industry-driven reactor designs and accompanying technologies with high potential to advance nuclear power in the United States.

DOE expects to make up to $30 million or more available for awards in FY 2018 subject to the availability of funding. The FOA will be open for a five-year period accepting applications on a year-round basis, with a quarterly selection process. Additional funding will be available in future years, as allocated by Congress.

Through this competition, DOE encourages U.S. companies to partner with other U.S. federal agencies, public and private laboratories, institutions of higher education, and other domestic entities to share expertise needed to successfully develop these innovative technologies.

Information is available at www.id.doe.gov [See NOTICE - FUNDING OPPORTUNITY ANNOUNCEMENT]. The initial application due date is January 31, 2018.