USA Dept of Energy funding bankrupted French company AREVA – now resuscitated as Framatome

Lightbridge fuel development gains DOE funding, WNN 30 May 2019, Framatome has received a voucher through the US Department of Energy’s (DOE’s) Gateway for Accelerated Innovation in Nuclear (GAIN) programme to support development of Lightbridge Fuel in collaboration with Idaho National Laboratory (INL).

….. Enfission – a joint venture of Lightbridge Corporation and Framatome – was set up in January 2018 to commercialise nuclear fuel assemblies based on this technology.

The GAIN initiative was launched in November 2015 to provide a way to fast-track nuclear innovation,…..

This is Framatome’s third GAIN voucher and its first supporting the Lightbridge Fuel design.

Framatome said its collaboration with INL under this GAIN voucher will “leverage the laboratory’s experience in fuel and material development, as well as its performance knowledge, to facilitate Framatome’s understanding of phenomena unique to uranium-zirconium metallic fuel”.

…… For this work DOE will fund INL at a value of USD477,000…… https://www.world-nuclear-news.org/Articles/Lightbridge-fuel-development-gains-DOE-funding

June 1, 2019 - Posted by Christina Macpherson | business and costs, politics international, technology

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