The Consolidated Appropriations Act, 2021, signed into law on December 27, includes the Energy Act of 2020 (Energy Act) and the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Taxpayer Act), which contains tax provisions important to the energy sector.
Is it science fiction to consider living on the moon or traveling to Mars in only a few months? Maybe not. The US government is promoting technologies to place nuclear reactors in space to power human existence on the moon and to propel spacecraft to Mars.
The Senate Environment and Public Works Committee voted to send S. 4897, the American Nuclear Infrastructure Act of 2020, to the Senate floor on December 2. Senator John Barrasso (R-WY) sponsored the bill, with Senators Mike Crapo (R-ID), Cory Booker (D-NJ), Sheldon Whitehouse (D-RI), and Shelley Moore Capito (R-WV) as bipartisan cosponsors.
The Nuclear Regulatory Commission (NRC) wants your input on its advanced reactor rulemaking activities on a rolling basis, so it announced that it will periodically place “preliminary proposed rule language” on the federal rulemaking website under Docket ID NRC-2019-0062.
The suspense is over. The US Department of Energy (DOE) announced yesterday that it had awarded $80 million each to TerraPower and X-energy under the Advanced Reactor Demonstration Program (ARDP) for them to build two advanced nuclear reactors that can be operational within seven years.
The commissioners of the Nuclear Regulatory Commission (NRC) approved almost all of the staff’s proposed approach for adding a new part to its regulations, 10 CFR Part 53, to govern licensing of advanced nuclear reactors.
The NRC staff published Regulatory Issue Summary (RIS) 2020-02 on August 31 requesting potential advanced reactor applicants to provide information on their plans for engaging with the agency during fiscal years (FYs) 2023 through 2025. The NRC’s stated goal in the RIS is to “promote early communication between the NRC and potential applicants” that will assist the NRC in planning for “focus area reviews, acceptance reviews, licensing reviews, and inspection support” for new advanced reactors.
The US Department of the Treasury’s Committee on Foreign Investment in the United States (CFIUS) published proposed rule changes on May 21 addressing when parties must notify the Committee of proposed transactions.
The US Department of Energy (DOE) has announced new key dates for companies considering applying for funding for its Advanced Reactor Demonstration (ARD) program.
The US Department of Energy (DOE) released a Funding Opportunity Announcement (FOA) for its Advanced Reactor Demonstration (ARD) program on May 14. The program seeks to accelerate advanced nuclear reactor technologies through private-sector cost sharing, with the goal of commercially demonstrating at least two advanced reactor designs by the mid-2020s, and reducing risk for technologies that would be ready to deploy in the 2030s.