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U.S. Senate committee authorises 40-year power purchase agreements (PPAs) with nuclear power companies

US Senate committee passes bill promoting advanced reactors, WNN, 17 July 2019

Murkowski highlighted a few of the measures on the agenda of yesterday’s meeting, including S. 903, her Nuclear Energy Leadership Act, which “aims to restore US leadership” in the civil nuclear industry by helping to develop “a range of advanced reactors technologies that are clean, safe and reliable”.

A bipartisan group of 15 senators introduced a bill in March to instate NELA, which would offer incentives and set federal goals for advanced nuclear energy. A smaller group of senators originally introduced the bill in September 2018, but the Congressional session ended before the Senate voted on it. NELA aims to boost US nuclear energy innovation by establishing public-private partnerships between federal government, leading research institutions and industry innovators.

July 18, 2019 - Posted by | politics, USA

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