The STEER Act, also known as Bill 118 s 3315, is a piece of legislation introduced in the US Congress that aims to promote the development and deployment of advanced nuclear technologies. The bill seeks to establish a program within the Department of Energy to support the research, development, and demonstration of advanced nuclear reactors.
One of the key provisions of the STEER Act is the creation of a competitive grant program to provide funding for projects that demonstrate the commercial viability of advanced nuclear technologies. The bill also includes provisions to streamline the regulatory process for advanced nuclear projects, in order to facilitate their deployment and commercialization.
Additionally, the STEER Act aims to support the training and education of a new generation of nuclear engineers and scientists, in order to ensure that the United States remains at the forefront of nuclear technology development. The bill also includes provisions to promote international collaboration on advanced nuclear research and development.
Overall, the STEER Act is designed to support the growth of the advanced nuclear industry in the United States, and to ensure that the country remains a global leader in nuclear technology. The bill has received bipartisan support in Congress, and is seen as a key piece of legislation to promote innovation and economic growth in the nuclear energy sector.