The bill is structured to enhance the energy landscape by facilitating the siting of small modular reactors and micro-reactors in locations that already have energy infrastructure. This siting strategy is expected to lower costs and expedite deployment timelines. The Secretary of Energy is tasked with identifying priority sites for these reactors, which is intended to leverage existing energy frameworks and workforce presence, potentially improving reliability and safety in energy provision.
Summary
House Bill 9710, titled the Small Modular Reactor Demonstration Act of 2024, seeks to amend the Energy Policy Act of 2005 to promote the research, development, and deployment of small modular reactors (SMRs) and micro-reactors. The bill aims to establish a demonstration program that will allow the federal government to collaborate with industry partners to advance these advanced nuclear technologies. This initiative is particularly keen on expanding the use of American technology within domestic and international markets, addressing both energy generation needs and technological advancements.
Contention
Notable concerns regarding HB 9710 include the regulatory oversight of nuclear technologies and the associated safety measures. Stakeholders may debate the adequacy of current regulations in managing small modular and micro-reactor safety protocols. Additionally, ensuring training and workforce development at institutions of higher education becomes paramount to prevent a skills gap in the nuclear energy field as new technologies are adopted.
Relating to a small modular reactor energy facility demonstration project; providing that this Act shall be referred to the people for their approval or rejection.
Directs BPU to adopt rules and regulations concerning small modular nuclear reactors; authorizes EDA to incentivize construction and operation of such reactors.
Authorizes BPU to provide site approval for small modular reactors; authorizes operators of small modular reactors to store spent nuclear fuel on-site.
Directs BPU to adopt rules and regulations concerning small modular nuclear reactors; authorizes EDA to incentivize construction and operation of such reactors.
To direct the Secretary of Transportation to establish a program to support the research, development, demonstration, and deployment of zero-emission vessels and retrofit or replacement of existing vessels with zero-emission technologies and charging or fueling infrastructure, and for other purposes.