Duke Energy Supports DOE-Funded SMR Deployment Initiative
Duke Energy Corporation is participating in a DOE-funded project to support the deployment of small modular reactor (SMR) technology. The DOE awarded a $400 million grant to the Tennessee Valley Authority for the GE Vernova Hitachi BWRX-300 SMR. Duke Energy plans to submit an early site permit application for potential SMR deployment at its Belews Creek site in North Carolina by year-end.
Duke Energy Corporation announced its participation in a U.S. Department of Energy (DOE) cost-share project supporting the deployment of small modular reactor (SMR) technology. The DOE has awarded a $400 million grant to the Tennessee Valley Authority to advance the GE Vernova Hitachi BWRX-300 SMR. Duke Energy’s involvement in the project is part of its strategy to collaborate with other utilities and technology providers to develop standard technology designs and leverage industry experience. The company is also evaluating potential SMR deployment at its Belews Creek site in North Carolina, with plans to submit an early site permit application to the Nuclear Regulatory Commission by the end of the year. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duke Energy Corporation published the original content used to generate this news brief on December 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
