Today U.S. Senators John Barrasso (R-WY), Sheldon Whitehouse (D-RI), Mike Crapo (R-ID), and Cory Booker (D-NJ) introduced the American Nuclear Infrastructure Act (ANIA) 2020. The provisions of ANIA are intended to help ensure that the U.S. is competitive with countries like Russia and China on nuclear technology advancement and project development abroad. Among other
nuclear innovation
NRC Commission Approves GEIS for Advanced Nuclear Reactors
By Amy Roma & Sachin Desai on
On September 21, 2020, the Nuclear Regulatory Commission (NRC) voted to develop and codify a Generic Environmental Impact Statement (GEIS) for the construction and operation of advanced nuclear reactors through a technology-neutral, plant parameter envelope (PPE) approach. GEISs have the potential to materially reduce the licensing burden on NRC advanced reactor applicants, given that environmental…
NIA “In Search of a SpaceX for Nuclear” Talk on the Hill
By Amy Roma & Sachin Desai on
On Wednesday Nuclear Innovation Alliance (NIA) hosted a meeting on the Hill about how to enhance the development of nuclear energy by finding its “SpaceX” moment. The meeting relates to NIA’s new publication, In Seach of a SpaceX for Nuclear Energy. The talk was led by three experts: Dr. Matt Bowen, formerly Associate…
CFIUS/Export Controls Reform to Affect Foreign Investment for Advanced Reactors
By Amy Roma & Sachin Desai on
Posted in DOE, Energy, International, International Trade & Investment, Joint ventures, Legislation, NRC, Regulation
In today’s international nuclear marketplace, foreign investment is a significant source of capital for U.S. next-generation nuclear ventures. However, about-to-be signed legislation has the potential to broadly expand the ability of the Committee on Foreign Investment in the United States (“CFIUS”) to review foreign investment into the United States directed towards the nuclear industry, as…