Small Modular Reactor Development: Increased Power, New Funding Opportunities
This act aims to accelerate the development and commercialization of small modular reactors (SMRs) in the U.S. It increases the permissible power output of these reactors, opening doors for broader application and greater investment in this technology. For citizens, this potentially means more stable and diverse energy sources in the future.
Key points
Increases the power limit for small modular reactors (SMRs) from 300,000 to 500,000 electrical kilowatts, allowing for more powerful units.
Establishes a working group to identify ways for the U.S. to lead in SMR commercialization and manufacturing, potentially creating new jobs and business opportunities.
Expands eligibility for financial assistance for SMR projects, accelerating their development and deployment.
Updates definitions and guidelines for small modular reactors and microreactors, simplifying their regulation and development.
Introduced
Additional Information
Print number: 119_HR_2813
Sponsor: Rep. Baird, James R. [R-IN-4]
Process start date: 2025-04-10