DOE awards $400M to TVA for BWRX-300 SMR deployment

The U.S. Department of Energy has announced a $400 million grant to the Tennessee Valley Authority to accelerate deployment of GE Vernova Hitachi Nuclear Energy’s BWRX-300 small modular reactor.

• Grant and purpose: The DOE awarded $400 million to TVA to accelerate deployment of the BWRX-300 SMR; the first unit is targeted for commercial operation in the early 2030s at the Clinch River Site (Oak Ridge, Tennessee), and the project coalition included GE Vernova Hitachi and other utility/industry partners.
• Background and next steps: TVA submitted a construction permit application to the NRC in May 2025, the NRC is currently reviewing the application, and GE Vernova’s nuclear business (in alliance with Hitachi) and its Global Nuclear Fuel operations (Americas and Japan) are cited as supply-chain participants.