The funding will support the agency’s full transition to zero-emissions ferry services, including the construction of new large-capacity electric-powered vessels and supporting electrified infrastructure.
The $2 billion funding, provided through the Grid Resilience and Innovation Partnerships Program, is expected to enable over 7.5 gigawatts of additional grid capacity.
Gen III+ SMRs reactors offer deployment flexibility for various configurations, making them suitable for diverse applications like power generation, desalination and heat processing.