The Atomic Energy Advancement Act will address various issues faced by the nuclear energy industry, including but not limited to NRC licensing efficiency and predictability, siting and environmental impacts, and international cooperation and leadership.
The second half of 2023 saw several advancements in the nuclear energy industry. In the spring,
Vogtle Unit 3 in Georgia became the first new reactor design to come online in the U.S. in almost thirty years. While an important milestone for the nuclear energy industry, cost and schedule challenges highlighted the importance of streamlined review processes and construction timeline certainty. To rapidly scale nuclear technology to support decarbonization, industry must have confidence in the NRC’s ability to license and oversee hundreds of new reactors efficiently. The Atomic Energy Advancement Act aims to enhance the NRC’s ability to license nuclear energy technologies in a timely manner, level the playing field for nuclear energy deployments and enable effective international cooperation.
The Atomic Energy Advancement Act is a comprehensive bill that includes common-sense improvements to modernize the existing, inefficient regulatory framework and increase certainty around new nuclear energy deployments. The bill:
Rep. Duncan (R-SC), Rep. DeGette (D-CO)