Directs and authorizes the Energy secretary to construct a versatile neutron source user facility via funding allocated from the Department of Energy’s Office of Nuclear Energy.
NEICA authorizes the development of a versatile neutron source for advanced reactor testing and directs the Department of Energy to prioritize partnering with private innovators to test and demonstrate advanced nuclear reactor concepts.
Requires the Department of Energy and Nuclear Regulatory Commission to consider new frameworks for licensing advanced nuclear reactors.
The NUKE act establishes reasonable deadlines for major applications and other efforts to streamline licensing, and authorizes studies to reconsider outdated regulations of the Atomic Energy Act.
Directs the Nuclear Regulatory Commission to develop a technology-inclusive licensing plan that promotes safety without being prescriptive, while modifying the cost-recovery mechanism so utilities aren’t on the hook for other companies’ technologies.
Nuclear has long been the nation’s leading clean baseload source of power but faces challenges in the development and use of small modular reactors and other technologies that produce less waste and are more economically viable to manufacture.
Modify the 45(j) production tax credit to remove the 2021 deadline for new reactors to be placed in service and allow public-private partnerships more flexibility to utilize the credit.