The term “advanced nuclear reactor” has the meaning given the term in section 16271(b) of this title.
The Secretary shall establish a program to provide Federal financial assistance to eligible entities to support the research, development, and demonstration of advanced nuclear reactors.
To the maximum extent practicable, the Secretary shall carry out the program using a competitive, merit-based review process that is consistent with section 16353 of this title.
An eligible entity desiring Federal financial assistance under the program shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require.
Section 16352 of this title shall apply to Federal financial assistance provided under the program.