DOE cost-share

.Duke Energy reaffirmed its commitment to advanced nuclear by joining the DOE’s $400 million cost‑share project that funds TVA’s deployment of GE Vernova Hitachi’s BWRX‑300 small modular reactor. The partnership aims to lower costs, enhance grid reliability, and accelerate carbon‑free power in the early 2030s. Duke will assess sites such as Belews Creek, NC, and seeks an early NRC permit, positioning SMRs as a low‑capex, modular baseload complement to its renewable and storage investments while supporting a domestic nuclear supply chain.