Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB826

Introduced
3/15/23  

Caption

International Nuclear Energy Act of 2023

Impact

The bill authorizes the creation of initiatives to support the technical and operational capacities of countries developing nuclear energy programs. It emphasizes workshops and exchanges on vital areas such as safety, security, financing, and advanced nuclear reactor operations. Furthermore, SB826 aims to leverage U.S. nuclear technology, thereby fostering reliance on domestic nuclear companies and enhancing U.S. competitiveness in the international market. The financial provisions include an appropriation of $50 million annually for several fiscal years to assist these initiatives.

Summary

SB826, known as the International Nuclear Energy Act of 2023, aims to establish a comprehensive government strategy for nuclear cooperation and the export of nuclear technology. This legislation is intended to strengthen the United States' position in the global nuclear energy market by enhancing collaboration with allied nations and nations embarking on their civil nuclear programs. By promoting exports of American nuclear technology and equipment, the bill seeks to bolster economic growth while ensuring adherence to safety standards and international norms.

Contention

While SB826 seeks to create opportunities for international collaboration, it also raises concerns regarding the potential risks associated with nuclear proliferation and safety. Critics may argue that increasing nuclear exports without stringent oversight could lead to misuse by nations that lack robust regulatory frameworks. Additionally, the bill’s push for financial assistance to civil nuclear nations could be viewed as an attempt to extend U.S. influence at the risk of entangling relations in politically volatile regions.

Companion Bills

US HB2938

Related International Nuclear Energy Act of 2023

US HB3484

Related ARC Act Advanced Reactor Coordination Act

US HB3486

Related Recoup American Nuclear Global Leadership Act

US HB3485

Related Avoid Our Adversaries and Buy American Nuclear Act

US HB3483

Related Strategic Nuclear Infrastructure Act

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International Nuclear Energy Act of 2023

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