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CURTIS BILL TO INCENTIVIZE NUCLEAR REACTORS PASSES HOUSE
Washington, D.C.,
February 29, 2024
Yesterday, the House passed a nuclear energy package including the Advanced Nuclear Reactor Prize Act introduced by Representative John R. Curtis (R-UT). The bill authorizes the Secretary of Energy to award grants to cover fees assessed by the Nuclear Regulatory Commission.
“The costs and red tape associated with our permitting process are proving to be duplicative and ineffective,” said Rep. Curtis. “We need innovation in the nuclear space to ensure affordable, reliable and clean energy in our future and Congress must do more to ensure that can happen.”
The Advanced Nuclear Reactor Prize Act would authorize the Secretary of Energy to make targeted awards to cover fees assessed by the Nuclear Regulatory Commission for the first technologies that are licensed and made operational in five unique categories. The prizes will incentivize innovation and quality applications, ultimately making it more affordable for first of a kind technology to get through the licensing process.
In October 2023, the House Energy & Commerce Subcommittee on Energy, Climate, and Grid Security Subcommittee unanimously advanced the bill. Curtis gave remarks during the hearing, available below. The bill passed the full Energy & Commerce committee in December 2023.
The expansion of nuclear energy in the United States would support Utah’s uranium industry. This includes mining and the only conventional uranium mill operation in the United States, the White Mesa Mill in San Juan County. Currently, Russia disproportionately controls the uranium supply chain using questionable labor and environmental practices.
For bill text, click here.
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