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Energy Policy Energy Projects Nuclear Power

Jones Day

U.S. Department of Energy Conditionally Commits Up to $1.5 Billion to Finance Nuclear Plant in Michigan

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Holtec Palisades is the first project to receive a conditional funding commitment from the U.S. government through the Inflation Reduction Act's Energy Infrastructure Reinvestment ("EIR") program....more

Bennett Jones LLP

Canada Endorses Nuclear Industry's Powerful Statement On Net Zero

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It has been a defining month for nuclear power's role in a net zero world. On the second day of the 28th United Nations Climate Change Conference (COP28) in the United Arab Emirates, the International Atomic Energy Agency...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 7, Issue 7, July 2023

Domestic Nuclear Power Advancement: Barriers to Entry and the Need for a National Strategy - As previously reported on this site, nuclear generation development has taken hold as a potential promise for a long-term,...more

Latham & Watkins LLP

US Nuclear Regulatory Commission Certifies First Small Modular Nuclear Reactor Design

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The move represents a step forward for the small modular nuclear reactor industry, but legislative uncertainty over new nuclear facilities in the US remains. As part of long-range plans to address climate change, many...more

Hogan Lovells

NRC Commissioners vote on regulatory framework for fusion, picking the byproduct materials framework

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On April 13, 2023, Commissioners of the U.S. Nuclear Regulatory Commission (“NRC”) directed the NRC staff to create a regulatory framework for fusion energy systems, building on the agency’s existing process for licensing the...more

Hogan Lovells

Legislation to advance new nuclear technologies and establish interagency and international engagement

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Today, April 3, the Senate Energy and Public Works Committee (“EPW”) introduced new legislation that continues to demonstrate bipartisan support for advanced nuclear reactor developments, including expanding levels of...more

Hogan Lovells

New GAO Report highlights advancements in fusion, challenges, and provides policy recommendations

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On March 30, the Government Accountability Office (“GAO”) published a report walking through the benefits and latest progress in fusion energy developments, while noting certain challenges and proposing policy approaches to...more

Hogan Lovells

Virginia boosts nuclear in updated Energy Plan and focuses on diverse energy mix

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On October 3, Virginia Governor Glenn Youngkin unveiled Virginia’s 2022 Energy Plan, calling for deployment of the state’s first small “modular nuclear reactor” in the region and going all-in on nuclear....more

BCLP

Is Nuclear Energy (Financing) Act 2022 an answer to UK’s energy security?

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The UK government has enacted the Nuclear Energy (Financing) Act 2022 (the “Nuclear Act”) on 31 March 2022. This note sets out a summary of the Nuclear Act and looks into the question whether it is an adequate measure towards...more

Morgan Lewis - Up & Atom

NRC Selects Aggressive Schedule to Confirm GEIS Applicability to Subsequent License Renewal

The Commission recently approved the NRC Staff’s recommendation to pursue a 24-month schedule for updating the agency’s Generic Environmental Impact Statement for License Renewal of Nuclear Plants (LR GEIS). The Commission’s...more

Morgan Lewis - Up & Atom

Commissioners Vote to Extend Inservice Inspection Surveillance Program

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NRC Commissioners Christopher Hanson, David Wright, and Jeff Baran recently voted 2-1 (Commissioner Baran dissenting) to implement SECY-21-0029, “Rulemaking Plan on Revision of Inservice Testing and Inservice Inspection...more

Hogan Lovells

NRC Solicits Comments on Environmental Justice

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On July 9, the Nuclear Regulatory Commission (NRC) issued a Federal Register notice, Systematic Assessment for How the NRC Addresses Environmental Justice in Its Programs, Policies, and Activities. Comments on the notice are...more

Hogan Lovells

American Nuclear Infrastructure Act Makes a 2021 Comeback

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Last week, a bipartisan group of U.S. Senators re-introduced the American Nuclear Infrastructure Act (ANIA), which is aimed at improving the nation’s nuclear infrastructure and supply chain, growing the economy, creating...more

Hogan Lovells

U.S. Dept. of Energy Opportunity to Demonstrate Innovative Uses of Nuclear Energy

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On April 22, 2021, the U.S. Department of Energy’s Idaho National Laboratory (INL) announced it is soliciting Expressions of Interest (EOI) from industry stakeholders and technical experts on innovative uses of nuclear...more

Hogan Lovells

President Biden takes Executive Actions with Impact on Advanced Nuclear

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President Biden ran on an energy and environmental platform calling for a carbon-free power sector by 2035 and net-zero carbon emissions by 2050. In pursuit of this clean energy plan, he also called for a modernized energy...more

Morgan Lewis - Up & Atom

NRC Seeks to Clear Up Confusion over Fusion Energy Regulatory Framework

The NRC held a public meeting on January 26 to discuss potential options for licensing fusion energy systems. This meeting is part of the NRC’s work to develop regulations to license and regulate advanced nuclear reactors as...more

Hogan Lovells

Energy Act of 2020—Variety of Provisions for Fission and Fusion

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Last week, Congress passed a $900B omnibus spending bill, which contains, most importantly, relief measures related to the COVID-19 pandemic, but also various authorizations and appropriations for FY2021, including $1.5...more

Morgan Lewis - Up & Atom

Reactors in Space – It’s Not Science ‘Fission’!

Morgan Lewis - Up & Atom on

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...more

Hogan Lovells

American Nuclear Infrastructure Act 2020 Safeguards the Future of Nuclear

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Yesterday 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.  ...more

Hogan Lovells

Substantive Development of “Part 53” Kicks Off

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The NRC staff is moving forward with development of the 10 CFR Part 53 rulemaking, which will establish a new framework for licensing and regulating advanced nuclear reactors (and potentially also extending to fusion...more

Hogan Lovells

DOE Awards $160M for Advanced Nuclear

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On October 13, 2020, the U.S. Department of Energy (DOE) awarded X-energy and TerraPower $80M each for their respective initiatives to build advanced nuclear reactors. The proposals were evaluated under the Advanced...more

Morgan Lewis - Up & Atom

DOE Announces ARDP Funding Recipients

Morgan Lewis - Up & Atom on

The suspense is over. The US Department of Energy (DOE) announced Tuesday 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...more

Morgan Lewis - Up & Atom

NRC Commissioners Accelerate Schedule for New Part 53 for Advanced Reactors

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. ...more

Hogan Lovells

DOE Re-Opens Arctic Energy Office with Emphasis on Advanced Nuclear

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On September 17, the Department of Energy (DOE) announced the re-opening of its Arctic Energy Office (AEO), which was originally established in 2001, but failed to take off due to insufficient funding.  ...more

Morgan Lewis - Up & Atom

NRC Requests Information on Planned Advanced Reactor Submittals

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...more

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