Democrats and Republicans don’t agree on much on Capitol Hill these days, but they just passed bipartisan legislation to— and President Joe Biden is expected to sign it into law.
“Nuclear energy is essential to a clean, resilient and reliable electric grid and represents the largest source of zero-carbon electricity in the United States,”The legislation looks to encourage developers to build new power plants by reducing fees and accelerating the permitting process. It also looks to spur investments in improved designs, such as small modular reactors seen at the TerraPower project in Wyoming.and plans to start producing electricity in 2030.
, “this is not about making the reactor licensing process more efficient, but about weakening safety and security oversight across the board, a longstanding industry goal.”