News & Analysis as of

Nuclear Power Energy Policy

Jones Day

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

Jones Day on

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

Bennett Jones LLP on

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

Cadwalader, Wickersham & Taft LLP

U.S. and UK Announce Partnership on Clean Energy Transition

The United States and the United Kingdom announced a partnership to address a range of global challenges, including the transition to clean energy. As part of the partnership, announced on June 9, 2023, the two countries...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

Foley Hoag LLP - Energy & Climate Counsel

U.S. Dept. of Energy Awards $46 Million to Advance Fusion Commercialization

The U.S. Department of Energy recently awarded $46 million to eight U.S. companies working to advance the development of commercial fusion energy technology (including our client Commonwealth Fusion Systems), furthering the...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

Idaho National Laboratory recommendations on ways to improve NRC reactor licensing

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In April 2023, Idaho National Laboratory (“INL”), a U.S. Department of Energy (“DOE”) National Laboratory, published a report entitled “Recommendations to Improve the Nuclear Regulatory Commission Reactor Licensing and...more

Morgan Lewis - Up & Atom

DOE Issues Update to Consent-Based Site Process for Spent Nuclear Fuel

The US Department of Energy’s Office of Nuclear Energy recently issued an update to its “road map for implementing a consent-based siting process” to site one or more federal interim storage facilities for spent nuclear fuel....more

Hogan Lovells

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

Hogan Lovells on

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

Hogan Lovells on

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

Hogan Lovells on

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

Cadwalader, Wickersham & Taft LLP

Nuclear Power Classified as Environmentally Sustainable in UK's Green Taxonomy

On March 15, 2023, the UK’s Chancellor of the Exchequer, Jeremy Hunt, announced that nuclear power will be classified as “environmentally sustainable” in UK’s green taxonomy, “giving it access to the same investment...more

Morgan Lewis - Up & Atom

NRC Updates Guidance on Power Reactor Decommissioning Costs

The US Nuclear Regulatory Commission (NRC) requires nuclear power reactor licensees to maintain decommissioning cost estimates and to adjust those estimates periodically to account for inflation and other matters, pursuant to...more

Morgan Lewis - Up & Atom

DOE Confirms Changes to Generally Authorized Countries Under Part 810

The US Department of Energy (DOE) published on January 31 two secretarial determinations in the Federal Register that change the countries that are eligible for general authorizations under 10 CFR Part 810 (Part 810). The...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

Hogan Lovells

NRC Staff contemplates licensing and regulating fusion energy systems

Hogan Lovells on

On September 14, the NRC staff publicly released its preliminary White Paper on “Licensing and Regulating Fusion Energy Systems” to support upcoming meetings with the Advisory Committee on Reactor Safeguards on options for...more

Jones Day

UK Government Publishes Its "British Energy Security Strategy"

Jones Day on

The British Energy Security Strategy ("the Strategy"), published on April 7, 2022, aims to ensure that the United Kingdom has "a flow of energy that is affordable, clean and above all secure." Published against the background...more

BCLP

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

BCLP on

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

Hogan Lovells

NRC staff concludes review of Environmental Justice policy, makes recommendations to the Commission

Hogan Lovells on

On April 12, 2022, the U.S. Nuclear Regulatory Commission (“NRC”) staff completed its systematic assessment of how the NRC approaches environmental justice in its programs, policies and activities, by submitting to the...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

From Prescriptive to Performance-Based: New NRC Rules on Emergency Preparedness

The NRC is taking an important step toward an inclusive licensing regime for a new generation of reactors. On January 3, the NRC staff submitted for commission approval a recommended final rule on “Emergency Preparedness for...more

Morgan Lewis - Up & Atom

SUNSI You Later: NRC Moves Closer to 2022 CUI Implementation with Rulemaking Recommendation

Morgan Lewis - Up & Atom on

On December 10, the NRC staff issued SECY-21-0105 seeking approval from the NRC commissioners to publish a notice of final rule that would officially replace the NRC's sensitive unclassified non-safeguards information (SUNSI)...more

Morgan Lewis - Up & Atom

NRC Concludes No Major Congressional Changes Necessary to Price-Anderson Act

Morgan Lewis - Up & Atom on

On December 17, the NRC published a report to Congress on the continuing need for and any potential modifications to the Price-Anderson Act (PAA). The NRC was required to submit the report, “Public Liability Insurance and...more

Morgan Lewis - Up & Atom

Sunset on SUNSI: NRC Moves Closer to Implementing CUI Program

Several years ago, the US government embarked on a project to standardize federal agency programs—including the NRC’s—for managing unclassified-but-sensitive information. At the NRC, this government-wide Controlled...more

Vinson & Elkins LLP

President Biden Signs the Bipartisan Infrastructure Bill into Law, Certain to Fuel Long Standing Debates at FERC

Vinson & Elkins LLP on

On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act, better known as the “Bipartisan Infrastructure Bill,” into law during a ceremony at the White House. ...more

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