HR 6253
Advanced Nuclear Reactor Prize Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill authorizes the Secretary of Energy to provide prize awards to eligible entities, including the Tennessee Valley Authority, for successfully licensing first-of-a-kind advanced nuclear reactors. These prizes are intended to incentivize the development and deployment of innovative reactor designs. The awards are based on the licensing costs associated with obtaining a license from the Nuclear Regulatory Commission and are designed to support the initial licensing process for new reactor technologies. The bill establishes specific categories for these prizes, including reactors utilizing spent nuclear fuel or depleted uranium, integrated energy systems, and flexible reactors.
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