The post Bipartisan Legislation Introduced to Boost Advanced Nuclear, Preserve Existing Nuclear appeared first on POWER Magazine.

Legislation introduced on Nov. 17 by a bipartisan group of senators on the Senate Committee on Environment and Public Works (EPW) will seek to strengthen the nuclear fuel supply chain, help incentivize commercial deployment of new reactor designs, and create a credit program to preserve existing nuclear reactors at risk of premature shutdown. 

The American Nuclear Infrastructure Act (ANIA) of 2020, introduced by U.S. Senator John Barrasso (R-Wyoming), EPW chairman, and Sens. Sheldon Whitehouse (D-Rhode Island), Mike Crapo (R-Idaho), and Cory Booker (D-New Jersey), follows the Nuclear Energy Innovation and Modernization Act (NEIMA), which President Trump signed into law in January 2019. 

NEIMA, sponsored by the same senators, requires the Nuclear Regulatory (NRC) to develop a rule to license advanced reactors, as well as greater clarity into the process by which the commission develops its budget and recovers its costs through fees.…

Read More »