nuclear-news

President Donald Trump signed the Nuclear Energy Innovation and Modernization Act into law Monday. The bill, which is meant to streamline regulatory processes for commercial nuclear power plants, received support from both the public and private nuclear energy sector.

The bill directs the U.S. Nuclear Regulatory Commission (NRC), the independent federal agency that regulates nuclear energy operations, to modernize its licensing rules.

The law establishes new NRC budget and fee structures and a revised licensing framework for advanced next generation nuclear reactors.

“This legislation establishes a more equitable and transparent funding structure which will benefit all operating reactors and future licensees,” said Maria Korsnick, president and CEO of the Nuclear Energy Institute, a Washington D.C.-based nuclear technology policy organization…….https://www.postregister.com/news/local/new-bill-signed-by-trump-to-streamline-nuclear-energy-regulation/article_4cef326a-0916-593c-b0ac-e573d65da5c5.html