U.S. Senate passes bill to support advanced nuclear energy deployment

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U.S. Senate passes bill to support advanced nuclear energy deployment

- The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor technologies.

“In a major victory for our climate and American energy security, the U.S. Senate has passed the ADVANCE Act with overwhelming, bipartisan support,” said Senator Tom Carper, a Democrat, who is Chairman of the Senate Environment and Public Works Committee. The bill could benefit companies like Bill Gates-backed TerraPower, which is trying to build a $4 billion Natrium reactor in Wyoming on the site of an old coal plant but is struggling to secure a key permit.

 

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