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

Summary

Run a 5-year program to give technical and money help so advanced light water reactor designs can be finished and sent in for certification by the Commission by the end of fiscal year 1996. The program funds first-of-a-kind engineering work for standardized commercial nuclear powerplant designs 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 nuclear industry participant; must have the money and plan to finish design, build, and operate the plant in the United States; must have a design already planned for Commission certification; and must raise at least 50% of the project money from non-Federal sources, with much of that from utilities. For each selected design the Secretary must write a program plan with goals, milestones, and deliverables. The Secretary must set and report a Federal cost ceiling to Congress before any agreement. No group may receive help for more than 4 years. Total Federal funding 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