Idaho Receives $31 Million for Nuclear Tech Hub Development
The U.S. Economic Development Administration has allocated $31 million to the Intermountain-West Nuclear Energy Corridor Tech Hub, enhancing Idaho's role in advanced nuclear energy. This investment aims to boost innovation and job creation in the region's nuclear sector.
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The U.S. Economic Development Administration announced a $31 million funding award to the Intermountain-West Nuclear Energy Corridor Tech Hub, a collaborative effort involving over 45 organizations in Idaho and Wyoming.
This funding will support advanced fuel fabrication, workforce training, and entry for firms into the nuclear supply chain, potentially generating 900 jobs and $190 million in economic impact over five years. The initiative aims to strengthen nuclear supply chains and enhance U.S. energy security by accelerating the commercialization of small modular reactors. Jerome County is exploring the potential of small modular nuclear reactors to meet rising energy demands, reflecting a growing local interest in nuclear energy solutions amid broader energy discussions in the region.
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