NEI hails Senate passage of Nuclear Energy Innovation Capabilities Act

Perry Nuclear Power Plant Courtesy of FirstEnergy
Perry Nuclear Power Plant - Courtesy of FirstEnergy
0Comments

The Nuclear Energy Institute (NEI) said the U.S. Senate’s recent passage of the Nuclear Energy Innovation Capabilities Act, now an amendment to the Energy Policy Modernization Act of 2016, indicates growing congressional support for nuclear energy.

This bill was approved on a bipartisan, near-unanimous vote, and it would direct the Department of Energy (DOE) to pursue private partnerships with innovators and allow the use of its facilities for research. DOE ialso would be directed to develop a 10-year plan to prioritize nuclear research and development toward new reactor types.

“Nuclear energy is a vital part of a national, varied approach to energy production,” Sen. Mike Crapo (R-ID), one of the bill’s sponsors, said. “This vote demonstrates the commitment in the Senate to a long-term future for nuclear-power production and research opportunities.”

The U.S. House has yet to vote on a companion bill in that chamber.

This bill also would require the U.S. Nuclear Regulatory Commission to submit regular reports to Congress detailing issues within the reactor-licensing process.

The full energy bill also has bipartisan support and is scheduled to be voted on soon in the Senate.



Related

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WINDESCO: WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

WindESCo Helps Longroad Energy Optimize Wind Asset Performance to Unlock $430,000 in Annual Revenue

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

ACWA POWER: Signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Following the signing of the implementation agreement for the $300 million Independent Power Project in January 2020, and under the patronage of the Ministry of Energy in Saudi Arabia, ACWA Power today executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions.

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

CAPITAL DYNAMICS: Exits 108-Megawatt Beacon II and V Solar Portfolio in Kern County, California

Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Power News Wire.