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Focus on Regulation

Tag Archives: nuclear reactor

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.”

Advanced Nuclear Reactor Legislation Moving Forward in Congress

This Monday evening, September 12, the U.S. House of Representatives passed H.R. 4979, the Advanced Nuclear Technology Development Act of 2016, a bill geared towards creating a viable path forward for advanced reactors (the House Bill).  The House Bill is sponsored by Representative Robert Latta, an Ohio republican, and 18 co-sponsors. The House Bill, which