Governor Glenn Youngkin announced Friday that he wants $10 million in the upcoming budget for research and development for energy technology, including $5 million focused on nuclear.
“Today I am pleased to propose a $10 million investment in the upcoming budget to turn Virginia into a leader in energy innovation,” Youngkin said in the announcement. “With technologies like carbon capture and utilization, and resources like critical minerals, hydrogen, and nuclear, we will make Virginia the epicenter for reliable and affordable energy innovation.”
Virginia Speaker of the House Todd Gilbert (R-Shenandoah) and West Virginia Speaker Roger Hanshaw (R-Clay) are partnering to create a framework to bring advanced nuclear technology to their states. West Virginia has recently repealed a ban on developing nuclear energy sources, and Virginia Governor Glenn Youngkin recently called for a “moonshot” — constructing a small modular reactor in southwest Virginia. In addition to addressing energy needs, leaders are hoping the push will bring economic and technological development to the economically-challenged areas.
“Virginia has been the beneficiary of nuclear power for many years,” Gilbert said in a Thursday press release. “Nothing works harder, longer, safer, or more reliably than a nuclear power plant. Small nuclear reactors are the next wave of energy technology, and Virginia should be an East Coast hub for its development and deployment. It’s important that rural and economically challenged areas, and the Commonwealth of Virginia as a whole, benefit from the innovation, jobs, and investment small modular nuclear technology will bring to the electric grid.”
The Energy DELTA Lab will launch its first site in Wise County, with the goal of testing new energy technology for commercial implementation while boosting economic growth in Southwest Virginia.
“Since announcing the Virginia 2022 Energy Plan, I am pleased to announce this Energy DELTA Lab project which delivers on our vision to define Virginia as a force in energy innovation,” Governor Glenn Youngkin said in a press release the day after calling for a new nuclear reactor in southwest Virginia.
Governor Glenn Youngkin wants to add more nuclear power generation in Virginia, calling for the construction of a reactor in Southwest Virginia as part of the 2022 energy plan. Energy plans are issued by each governor as a statement of the administration’s priorities and recommendations.
“I want to plant a flag right now. I want to call our moonshot. Virginia will launch a commercial small modular reactor [SMR] that will be serving customers with baseload power demand in southwest Virginia within the next 10 years,” Youngkin said at the Monday presentation.