DOE's commitment of $500 million in IRA dollars may not be enough. Building private sector confidence in the emerging HALEU market could require up to $2.9 billion more in additional federal funding.

Several Midwestern states on opposite ends of the political spectrum have taken steps signaling receptiveness to small modular reactor development.

The challenge ahead for X-energy: early planning for design, procurement and construction to deliver the first Xe-100s on time and on budget.

DOE is estimating that 500 to 750 GW of clean, firm power — including 200 GW of new nuclear — will be needed to reach net-zero emissions economy-wide by 2050.

Decarbonizing the US economy by 2050 will require doubling nuclear energy generation by deploying 100 GW of advanced reactors, according to reports by the NIA.