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Focus on Regulation

Tag Archives: advanced reactor

Advanced Reactor Designer Terrestrial Energy Plans to File License Application with NRC in 2019

The U.S. Nuclear Regulatory Commission (NRC) recently published a letter form Terrestrial Energy responding to the agency’s Regulatory Issue Summary (RIS) 2016-08. Terrestrial Energy in its letter stated that it plans to submit an application to the NRC for a design certification or a construction permit “no later than October 2019.”

DOE Advisory Board Approves Draft Report on the Future of Nuclear Power

During its quarterly meeting on September 22, the U.S. Department of Energy’s (DOE’s) Secretary of Energy Advisory Board approved a Draft Report of the Task Force on Nuclear Power (Draft Report), as reported by Platts Nuclear News Flashes. In its Draft Report, the Task Force recognized that nuclear energy is vital for achieving a planetary reduction of carbon dioxide emissions, but found that two things must happen for nuclear power to remain competitive: first, the overnight cost of financing a new plant must decrease, and second, “electricity markets must recognize the value of carbon-free electricity generation based on the social cost of carbon emissions avoided.”