International Nuclear Energy Act of 2023

International Nuclear Energy Act of 2023

This bill addresses U.S. cooperation with other nations on nuclear energy-related issues.

For example, the bill requires

• the President, in coordination with international partners, to hold a biennial conference on civil nuclear safety, security, safeguards, and sustainability;
• the Department of State to meet with ally or partner nations for the purpose of collaborating on research, development, licensing, and deployment of advanced nuclear reactor technologies for civil nuclear energy;
• the State Department to provide financial assistance to embarking civil nuclear nations for developing civil nuclear energy programs; and
• the establishment of a working group to develop a 10-year civil nuclear trade strategy with biennial targets for the export of civil nuclear technologies.

Furthermore, the President must launch an international initiative to modernize outreach to embarking civil nuclear nations to improve the importation and exportation of civil nuclear technology and materials. This initiative may include establishing cooperative financing relationships for the export of such technology and materials.

The bill also authorizes the Department of Energy to support regulatory development, design, and deployment activities related to certain small modular reactor projects.

Bill 118 hr 2938, also known as the International Nuclear Energy Act of 2023, is a piece of legislation introduced in the US Congress. The main goal of this bill is to promote the development and use of nuclear energy both domestically and internationally.

The bill includes provisions for increasing cooperation with other countries in the field of nuclear energy, as well as promoting the export of US nuclear technology and expertise. It also aims to strengthen the US nuclear industry by providing support for research and development, as well as streamlining the regulatory process for nuclear projects.

Additionally, the bill includes measures to enhance nuclear security and nonproliferation efforts, as well as to address the issue of nuclear waste management. It also seeks to promote the use of nuclear energy as a clean and reliable source of power that can help reduce greenhouse gas emissions. Overall, the International Nuclear Energy Act of 2023 is a comprehensive piece of legislation that aims to promote the use of nuclear energy both at home and abroad, while also addressing important issues related to security, nonproliferation, and environmental protection.