X-energy Awarded $148.5 Million Investment Tax Credit for First-of-a-Kind TRISO-X Fuel Fabrication Facility
X Energy, LLC (“X-energy”) has been awarded a $148.5 million tax credit for the construction by its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), of a first-of-a-kind advanced nuclear fuel fabrication facility (“TX-1”) in Oak Ridge, Tennessee.
- X Energy, LLC (“X-energy”) has been awarded a $148.5 million tax credit for the construction by its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), of a first-of-a-kind advanced nuclear fuel fabrication facility (“TX-1”) in Oak Ridge, Tennessee.
- The 215,000-square-foot TX-1 fuel fabrication facility is designed to produce up to 714,000 pebbles per year along with other nuclear fuel products.
- TRISO-X has operated a pilot nuclear fuel fabrication facility at ORNL since 2016, serving as a demonstration facility of the company’s patented TRISO fabrication processes.
- ARDP is also providing support for the development of TX-1, and the initial TRISO-X nuclear fuel produced in Oak Ridge will be used for the project.