nuclear-news

Audit cites DOE oversight failures on NuScle nuclear project

E&E News 1st April 2026

The Department of Energy mismanaged a landmark nuclear project to construct the country’s first small modular reactor, according to an audit by DOE’s Office of Inspector General released Tuesday.

The Carbon Free Power Project was a partnership between the federal government, NuScale Power and a coalition of Utah utilities that included $1.36 billion in DOE cost-share financial assistance. The government grant would help fund construction of the company’s first units at the Idaho National Laboratory.

The project that launched in 2015 was ultimately canceled in 2023 after NuScale and the Utah Associated Municipal Power Systems mutually agreed to terminate development of the plant. Cost estimates for the first-of-a-kind advanced reactors had climbed, giving the utilities that had agreed to purchase the power cold feet. NuScale’s stock price had collapsed. The canceled project left the U.S. government out $183 million………………………………..(Subscribers only) https://www.eenews.net/articles/ig-cites-doe-oversight-failures-on-nuscale-nuclear-project/

April 11, 2026 - Posted by Christina Macpherson | business and costs, USA