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March 25, 2024
U.S. Nuclear Energy Landscape Poised for Change Amid Evolving Policies and Regulations
Legislative initiatives are aimed to expand the role of nuclear power in the energy future including promoting the development of advanced reactor technologies.
Recent policy developments in the U.S. nuclear power industry indicate a growing recognition of the carbon-free nature of nuclear energy to support the energy transition. With Congress considering nuclear energy reforms, the Nuclear Regulatory Commission (NRC) proposing rules for…Read the full report
Key Takeaways
- The U.S. House has passed legislation aimed to bolster the U.S. nuclear power industry by streamlining environmental reviews for new reactors and reducing fees that applicants pay for advanced nuclear reactor licenses.
- Virginia lawmakers have approved legislation permitting the state’s primary utilities to recover costs associated with developing small modular technologies.
- A handful of states including California, Connecticut, Minnesota, and New York have proposed bills to conduct feasibility studies of SMR technologies.
