Advanced Nuclear Support Act

The Advanced Nuclear Support Act (H.R. 3487) aims to lower the financial barriers for licensing and deploying advanced nuclear reactor technologies in the United States. The bill would require the Secretary of Energy to provide grants to cover a portion of the application fees charged by the Nuclear Regulatory Commission for companies and entities seeking to build these new reactors. For citizens, this legislation is intended to accelerate the development of next-generation carbon-free energy, potentially leading to a more diverse power grid and lower long-term energy costs by incentivizing private investment in advanced nuclear power.