Neiima

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Nuclear Energy Innovation and Modernization Act. The bill requires the NRC to establish metrics and milestones for licensing and other regulatory actions. Finally, the bill directs the NRC to establish a pilot project to provide uranium producers predictable fees for routine licensing matters. Nuclear Regulatory Commission fee collection process. This legislation establishes a more equitable and transparent funding structure which will benefit all operating reactors and future licensees. By allowing companies a pathway to licensing with clearer expectations and benchmarks in line with other heavily regulated products like drugs and aircraft, NEIMA will unlock even greater private-sector innovation towards a reinvigorated nuclear sector. This in turn will accelerate deployment of cutting-edge American nuclear systems and better prepare the next generation of nuclear engineers and technologists. This will improve the path to commercialization for advanced reactors that can play an important role in addressing climate change and global energy needs. Coupled with the U.

Neiima

The bill requires the NRC to establish performance metrics and milestones for licensing and other regulatory actions. Finally, the bill directs the NRC to establish a pilot project to provide uranium producers predictable fees for routine licensing matters. The legislation has received broad support from stakeholders. On December 20, , the Senate passed the bill by voice vote. On December 21, , the House of Representatives passed the bill by a vote of Nuclear energy not only creates jobs but is critical if we are going to reduce carbon emissions in a meaningful way. Additionally, it will establish a licensing process for advanced nuclear reactors and other new technologies. I want to thank members of Congress for coming together to pass this important legislation. I want to thank Senator Barrasso for working with me on this important bipartisan legislation that supports advanced nuclear reactors and ensures the United States remains on the cutting edge. This is another important step in our fight against climate change.

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