Governor Lee, Commissioner Rolfe Announce Kairos Power to Establish Low-Power Demonstration Reactor in Oak Ridge

          FOR IMMEDIATE RELEASE TNECD MEDIA CONTACT: Molly Hair Public Information Officer (615) 878-0063 Molly.Hair@tn.gov KAIROS POWER CONTACT: Cindy Chan Corporate Communications (510) 775-1685 media@kairospower.com   GOVERNOR LEE, COMMISSIONER ROLFE ANNOUNCE KAIROS POWER TO ESTABLISH LOW-POWER DEMONSTRATION REACTOR IN OAK RIDGE NASHVILLE, Tenn. – July 16, 2021 – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Kairos Power officials announced today that the privately funded, advanced nuclear engineering company will establish a low-power demonstration reactor in Oak Ridge. Kairos Power will invest $100 million and create 55 jobs to deploy a low-power demonstration reactor at the East Tennessee Technology Park in Oak Ridge. Kairos Power’s low-power demonstration reactor, called Hermes, will demonstrate the company’s capability to deliver low-cost nuclear heat. The Hermes reactor is a scaled version of Kairos Power’s Fluoride Salt-Cooled High Temperature Reactor (KP-FHR), an advanced reactor technology that aims to be cost competitive with natural gas in the U.S. electricity market in order to provide carbon-free, affordable and safe energy. The project will be a redevelopment of a site at the Heritage Center, a former U.S. Department of Energy site complex. Scheduled to be operational in 2026, the...

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