§13493 — Title 42 The Public Health and Welfare | U.S. Code

Summary

The Secretary must run a 5-year technical and financial help program to speed the development and submission of advanced light water reactor designs that the Secretary believes the Commission can certify by the end of fiscal year 1996. The help covers the first engineering designs of standardized commercial nuclear power plants that were in the Department of Energy’s certification program on October 24, 1992. To get help, a group must prove it is a real company working with nuclear reactors, has the money and plans to finish and operate the plant in the United States, has a design on the DOE certification schedule, and will put up at least 50% of the project money from non‑Federal sources, with much of that coming from electric utilities. For each selected design, the Secretary must send Congress a plan with goals, main milestones, and expected deliverables. Before signing any agreement, the Secretary must set and report a Federal cost ceiling for the project. No group may get help for more than 4 years. The total Federal money for these projects may not exceed $100,000,000 for fiscal years 1993 through 1997.

Title 42, §13493

The Public Health and Welfare — Source: USLM XML via OLRC

(a)In order to achieve the goal of certification of completed standardized designs by the Commission by 1996 as set forth in section 13492(b) of this title, the Secretary shall conduct a 5-year program of technical and financial assistance to encourage the development and submission for certification of advanced light water reactor designs which, in the judgment of the Secretary, can be certified by the Commission by no later than the end of fiscal year 1996.

(b)(1)The Secretary shall conduct a program of Federal financial and technical assistance for the first-of-a-kind engineering design of standardized commercial nuclear powerplants which are included, as of October 24, 1992, in the Department of Energy’s program for certification of advanced light water reactor designs.

(2)In order to be eligible for assistance under this subsection, an entity shall certify to the satisfaction of the Secretary that—

(A)the entity, or its members, are bona fide entities engaged in the design, engineering, manufacture, construction, or operation of nuclear reactors;

(B)the entity, or its members, have the financial resources necessary for, and fully intend to pursue the design, engineering, manufacture, construction, and operation in the United States of nuclear power plants 11 So in original. Probably should be “powerplants”. through completion of construction and into operation;

(C)the design proposed is scheduled for certification by the Commission under the Department of Energy’s program for certification of light water reactor designs; and

(D)at least 50 percent of the funding for the project shall be obtained from non-Federal sources, and a substantial portion of that non-Federal funding shall be obtained from utilities or entities whose primary purpose is the production of electrical power for public consumption.

(3)The Secretary shall prepare and submit to the Congress a program document for each design selected under this subsection, specifying goals and objectives, major milestones for achieving those goals and objectives, and the work products to be provided to the Secretary or made available for inspection.

(4)(A)Before entering into an agreement with an entity under this subsection, the Secretary shall establish a cost ceiling for the contribution of the Federal Government for the project, and shall report such cost ceiling to the Congress.

(B)No entity shall receive assistance under this subsection for a period greater than 4 years.

(C)The aggregate funding provided by the Secretary for projects under this subsection shall not exceed $100,000,000 for the period encompassing fiscal years 1993 through 1997.

Notes & Related Subsidiaries

Editorial Notes

Codification Subsec. (b)(5) of this section, which required the Secretary to submit annually to Congress a status report on each project receiving assistance under subsec. (b), terminated, effective May 15, 2000, pursuant to section 3003 of Pub. L. 104–66, as amended, set out as a note under section 1113 of Title 31, Money and Finance. See, also, the last item on page 85 of House Document No. 103–7.

§13493 Commercialization of advanced light water reactor technology

Summary

Title 42, §13493

Notes & Related Subsidiaries

Editorial Notes

Citations & Metadata