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UTILITY · FEDERAL POWER AGENCY · TN, AL, MS, KY, GA, NC, VA
Federal utility; developer of the Clinch River BWRX-300 and host or buyer for Kairos Hermes 2 and Type One's Infinity Two. tva.com
Projects
3
0 operating
Buys from
2
400 MW of capacity
Funds
0
projects with its money
Money in
—
project-specific, disclosed
Builds
1
as developer
Coming up
PROJECT · INFINITY TWOConstruction could start (as early as 2028, pending approvals)
Bull Run, near Oak Ridge, TN
businesswire.com →+ THESISFUNDING · COMPANY ROUNDCompany round: Breakthrough Energy Ventures; Clutterbuck Capital (co-leads)$200M
Closed · Series B; funds stellarator development and Project Infinity design
blackridgeresearch.com →+ THESISLICENSING · CLINCH RIVER BWRX-300NRC construction permit (first for a US SMR)
Oak Ridge, TN
world-nuclear-news.org →+ THESISTVA received an NRC construction permit for one GE Vernova Hitachi BWRX-300 at its Clinch River site near Oak Ridge, Tennessee, with up to 300 MW. TVA said significant nuclear construction will wait until more site-specific work is completed. Date is a best estimate from the article's relative timestamp and the expected Tuesday ceremony.
wate.com →+ THESISNRC · CLINCH RIVER BWRX-300Construction permit issued
The NRC issued Construction Permit CPAR-2 to TVA for the Clinch River Nuclear Unit 1 BWRX-300 (300 MW) under Docket 50-615, dated September 28, 2026 (press release dated September 29, 2026). The permit authorizes construction only; TVA must obtain a separate NRC operating license before fuel load or operation, and commercial operation is targeted for 2033 with no construction start date announced.
federalregister.gov →+ THESISLICENSING · INFINITY TWOFirst Tennessee license for a commercial fusion machine
Bull Run, near Oak Ridge, TN
ans.org →+ THESISLICENSING · INFINITY TWOInitial Tennessee license application
Bull Run, near Oak Ridge, TN
businesswire.com →+ THESISFUNDING · CLINCH RIVER BWRX-300Grant: US Department of Energy (Gen III+ SMR program)$400M
Announced · Up to $400M cost-shared; selected, award terms to be negotiated
ans.org →+ THESISRecent
Developers it backs
Companies that name it
Other buyers on these projects
Co-funders
Places
STEP 5/6 · AT RISK Advanced reactor timelinesFuel availability becomes a gating item for first units.
Coming up
STEP 6/6 · SECURE Standard-fuel SMRs are less exposedLight-water SMRs (BWRX-300, SMR-300) use regular low-enriched fuel, which Western enrichers supply.
STEP 2/4 · AT RISK REBCO superconducting tapeHigh-temperature superconducting magnets use a rare-earth barium copper oxide layer.
STEP 4/5 · WATCH Advanced nuclear gets anchor customersBuyers fund development and commit to output from first units.
Critical inputs
Uranium×2Lithium×2ZirconiumRare earths (incl. yttrium)TungstenHeliumBeryllium
Policy that applies