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Awards for Advanced Nuclear Reactor Development

This act introduces financial awards for companies that are first to obtain licenses for new types of advanced nuclear reactors. The goal is to accelerate the development of clean energy and reduce licensing costs, potentially impacting future energy availability.
Key points
Financial support for companies building innovative nuclear reactors.
Awards cover licensing costs, lowering barriers for new technologies.
Promoting reactors that use spent nuclear fuel or integrate with other energy systems.
Potential acceleration of clean energy development and stabilization of power supply.
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Additional Information
Print number: 118_HR_6253
Sponsor: Rep. Curtis, John R. [R-UT-3]
Process start date: 2023-11-07