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U.S. Senate voted 882 in favor of the Accelerating Deployment of Versatile , Advanced Nuclear for Clean Energy ( ADVANCE ) Act.
The act aims to simplify Nuclear Regulatory Commission ( NRC ) rules and make it easier to license the next generation of reactors.
The Department of Energy announced last month that it will provide up to $900 million in funding to support the initial US deployments of advanced small modular reactors.
China has 27 nuclear plants currently under construction and another 70 in the planning stages.
NuScale Power , the only U.S. developer with an NRC -approved design for a next-generation reactor, scrapped its marquee project.
Georgia Power’s Vogtle 3 reactor finally came online last July — the first new American reactor in decades .
Meanwhile, Southern Company CEO Chris Womack , whose utility giant built the two new reactors in Georgia , warned that future projects still depend on the federal government providing more money and financial backing.
VR Score
80
Informative language
80
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