Group calls for NRC licensing fee reform to spur advanced nuclear

May 20, 2021, 2:59PMNuclear News

The Nuclear Innovation Alliance (NIA) yesterday released a report, Unlocking Advanced Nuclear Innovation: The Role of Fee Reform and Public Investment, arguing that a reform of the Nuclear Regulatory Commission’s user-fee model for new license applicants, combined with more funding for advanced reactor licensing and regulatory infrastructure, will unlock innovation and support U.S. leadership in advanced nuclear energy.

The 38-page report asserts that as currently structured, the NRC’s fee model inhibits carbon-free advanced nuclear innovation in two primary ways: First, it limits the agency’s resources, flexibility, and efficiency; and second, the open-ended costs associated with paying fees impose barriers to new entrants.

To continue reading, log in or create a free account!

Related Articles

Oklo now trading on NYSE

May 14, 2024, 7:01AMNuclear News

After completing its business combination with AltC Acquisition Corp, Oklo Inc. began trading on the New York Stock Exchange under the ticker symbol OKLO this past Friday, May 10.The company...