House advances Nuclear Energy Innovation and Capabilities Act

The House of Representatives recently advanced the Nuclear Energy Innovation and Capabilities Act (H.R. 4084), bipartisan legislation aimed at furthering the country’s nuclear energy sector through increased federal research and development and encouraging private investment.

“Nuclear power has been a proven source of safe and emission-free electricity for over half a century,” Rep. Lamar Smith (R-TX) said. “Now, America’s strategic investments in advanced nuclear reactor technology can play a more meaningful role to reduce global emissions. Unfortunately, the ability to move innovative technology to the market has been stalled by government red tape.”

Rep. Randy Weber (R-TX), chair of the Energy Subcommittee, introduced the bill with Smith, chair of the Science, Space & Technology Committee, said the direction provided in this bill ensures the ability to develop innovative nuclear technology.

“Today, we have the best nuclear engineers and manufacturing capacity in the world at home," Weber said. "We can’t put that expertise at risk. Even more importantly, this bill will maintain America’s capability to influence security and proliferation standards around the world as more developing nations look to nuclear energy to grow their economies.”