X Energy, LLC (48C Self-Disclosed)

X-energy's TRISO-X company manufactures TRi-structural ISOtropic (TRISO) coated-particle fuel; each particle consists of a uranium, carbon and oxygen fuel kernel encapsulated in three layers of carbon or ceramic materials which prevent the release of radioactive fission products. DOE has demonstrated TRISO's outstanding performance and thereby reduced the risk for industrial use. TRISO-X, using commercial scale equipment at a pilot facility, optimized fuel fabrication processes to generate kernels and TRISO particles with less waste and scrap and higher delivered throughput that provides higher product yield and quality. Our project will construct a new ~215,000 sq ft facility to process uranium enriched to less than 20% uranium-235 (by weight) to manufacture nuclear fuel products, including TRISO pebbles for X-energy's Xe-100 reactors as well as TRISO particles and compacts for other users. The TX-1 will produce ~714,000 Xe-100 pebbles/year. The TX-1 will be built on the 110-acre TRISO-X Campus located in the Horizon Center Industrial Park (Roane County, TN), ~7 miles southwest of the City of Oak Ridge. In 1996, DOE released this land for development of this industrial park to diversify the economic base of the region. Oak Ridge transferred the property to X-energy in 2022 to establish the TRISO-X Campus.

The U.S. Department of Energy (DOE) released applicant self-disclosed information for 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Nine of the self-disclosed projects indicated they are located in 48C energy communities – communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities.