https://www.epw.senate.gov/public/_cache/files/5/0/5053d4be-a56e-...

https://www.epw.senate.gov/public/_...C96DC75092F9436066FAB212.bills-118s870eah.pdf

The ADVANCE Act will:

• Facilitate American Nuclear Energy Leadership by:
  • Empowering the Nuclear Regulatory Commission to lead in international forums to develop regulations for advanced nuclear reactors.
  • Directing the Department of Energy to improve its process for approving the export of American technology to international markets, while maintaining strong standards for nuclear non-proliferation.

• Support Development and Deployment of New Nuclear Energy Technologies by:
  • Reducing regulatory costs for companies seeking to license advanced nuclear reactor technologies.
  • Creating a prize to incentivize the successful deployment of next-generation reactor technologies.
  • Requiring the NRC to develop a pathway to enable the timely licensing of microreactors and nuclear facilities at brownfield and retired fossil-fuel energy generation sites.

• Strengthen America’s Nuclear Energy Fuel Cycle and Supply Chain Infrastructure by:
  • Directing the NRC to enhance its ability to qualify and license accident-tolerant fuels and advanced nuclear fuels that can increase safety and economic competitiveness for existing reactors and the next generation of advanced reactors.
  • Tasking the NRC to evaluate advanced manufacturing techniques to build nuclear reactors better, faster, cheaper and smarter.

• Improve Commission Efficiency by:
  • Providing flexibility for the NRC to better manage and invest its resources in activities that support NRC’s modernization efforts and address staffing issues.
  • Providing the NRC Chair the tools to hire and retain exceptionally well-qualified individuals to successfully and safely review and process applications for advanced nuclear reactor licenses.