PoliticalNews.me - Mar 05,2017 - Crapo Joins Bipartisan Group of Senators to Introduce Nuclear Energy Innovation and Modernization Act
Legislation will promote innovation in the nuclear sector by enabling processes for licensing new reactors.
Idaho Senator Mike Crapo joined Sen. John Barrasso (R-WY), chairman of the Senate Committee on Environment and Public Works (EPW), and Sens. Sheldon Whitehouse (D-RI), Jim Inhofe (R-OK), Cory Booker (D-NJ), Deb Fischer (R-NE), Shelley Moore Capito (R-WV), and Joe Manchin (D-WV) in introducing S. 512, the Nuclear Energy Innovation and Modernization Act (NEIMA).
S. 512 will promote innovation in the nuclear sector by enabling processes for licensing new reactors. This legislation will modernize the Nuclear Regulatory Commission (NRC) by establishing new transparency and accountability measures to the commission’s budget and fee programs. The bill will develop the regulatory framework necessary to enable the licensing of advanced nuclear reactors.
Additionally, the Act will improve the efficiency of uranium regulation. Finally, it will bring transparency and accountability to the process by which the Department of Energy (DOE) disposes of the American public’s stockpile of excess uranium.
“Using more clean nuclear energy must be part of any forward-looking domestic energy portfolio,” Crapo said. “This bipartisan measure is important to Idaho because it will help ensure that the work being done at Idaho’s National Lab will have a path through the Nuclear Regulatory Commission and on to the commercial market. NEIMA pushes the commission to modernize so that it has the ability to license advanced reactors in a safe, timely, and transparent manner. It will also bring more openness and accountability to the NRC’s budget and fees, which will help stakeholders in-and-out of government better understand what the agency is doing with its resources.”
“American nuclear energy has provided affordable, safe, and reliable power for decades,” said Barrasso. “Our bipartisan legislation will allow for innovation in the nuclear sector by simplifying regulations at the Nuclear Regulatory Commission. The commission needs a modern regulatory framework that is predictable and efficient. Advancements in nuclear energy development will create jobs, lower costs, and contribute to America’s energy security."
“Next-generation nuclear reactors could help address the serious threats we face from climate change and may ultimately play a key role in reducing nuclear waste. But the federal government’s outdated approval process slows these promising new technologies. We need a more efficient regulatory framework that accounts for the big advances we’ve made in nuclear science,” said Whitehouse. “This legislation will give our nuclear regulator the flexibility it needs to bring new, safe reactors online to produce carbon-free energy.”
“I am pleased to join my colleagues in reintroducing this legislation,” Inhofe said. “While our traditional power plants have been a reliable source of clean and affordable energy for decades, and will continue to be, it is important that we consider the future of nuclear energy. This bill not only updates the regulatory structure for existing plants but creates a predictable NRC review process for advanced reactors and new technologies. By creating a regulatory framework that is compatible with a variety of technologies