Bipartisan senators seek to revive nuclear energy investment

Sen. Lisa Murkowski, R-Alaska, introduced a nuclear energy bill with a group of bipartisan senators Thursday, seeking more action from the Department of Energy (DOE) in support of advanced nuclear energy goals. The bill would extend the maximum length for federal power purchase agreements (PPA) from 10 years to 40, to accommodate the long life and costs of nuclear plants.  The bill also seeks to enhance federal investment in the nuclear industry, establishing facilities to test and develop advanced nuclear reactors and to develop domestic capabilities to produce the type of uranium needed for advanced reactors.

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Source: Utility Dive

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