Nuclear Innovation Alliance study outlines path for small modular reactor deployment
In a recent study, the Nuclear Innovation Alliance (NIA) recommended a number of state and federal policies to promote the deployment of small modular reactor (SMR) technologies.
“The United States should invest in a portfolio of reactor technologies and provide a continuum of support through the different stages of development using the market to guide technology down-selection,” the report said. “The government should also provide targeted incentives and support to leverage the specific regions and entities in the United States where nuclear energy is most attractive.”
The study recommends that the U.S. Department of Energy expand its cost-sharing program with the private sector to support SMR licensing and deployment.
It also suggests allowing federal facilities to enter into power purchase agreements (PPAs) for low-emission technologies, such as nuclear power, for periods of 20 years or longer. It also advises expanding state renewable portfolio standards into clean energy standards.
The federal nuclear energy production tax credit should also be amended, the report said, to remove the in-service deadline of Jan. 1, 2021, for new nuclear reactors.
“If U.S. SMR designs are commercialized and exported, the United States will have a greater role in how new nuclear energy programs around the world evolve,” the report said. “While SMRs are just one piece of an overall U.S. nuclear energy and nonproliferation strategy, they could play a valuable role in keeping the United States relevant and engaged.”
