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Fanco Nuclear Power Plant

Sector: Natural Gas • Location: Indianapolis, Indiana, United States

Source: Inside INdiana Business

Project
Planned

Fanco, an Indiana-based energy startup, plans to build a $4 billion nuclear power plant in Indiana powered by small modular reactors (SMRs). The plant will use the proprietary EAGL-1 reactor, which is cooled using lead-bismuth and designed to generate 240 megawatts of electricity while eliminating 95% of nuclear waste by reprocessing used fuel. The project includes a 'Bridge Power' system to initi

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The project “Fanco Nuclear Power Plant” is an infrastructure initiative in the Natural Gas sector, located in Indianapolis, Indiana, United States. Taiyo aggregates data on it from Inside INdiana Business.

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Participants

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planned

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Description

Description

Fanco, an Indiana-based energy startup, plans to build a $4 billion nuclear power plant in Indiana powered by small modular reactors (SMRs). The plant will use the proprietary EAGL-1 reactor, which is cooled using lead-bismuth and designed to generate 240 megawatts of electricity while eliminating 95% of nuclear waste by reprocessing used fuel. The project includes a 'Bridge Power' system to initially run on natural gas before switching to nuclear fuel after federal approvals. The company is in talks to determine the project location and plans to begin construction once a site is finalized and costs are firmed up.

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High

Data quality score

100%

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URL

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