Inhofe Applauds EPW Approval of NEIMA

WASHINGTON – U.S. Sen. Jim Inhofe (R-Okla.), senior member of the U.S. Senate Environment and Public Works (EPW) Committee, today applauded the committee passage of the S. 512, the Nuclear Energy Innovation and Modernization Act (NEIMA), which improves the Nuclear Regulatory Commission’s (NRC) fee structure and allows the commission to regulate and approve advanced reactor designs. The EPW committee advanced the legislation by a vote of 18–3.

The Nuclear Energy Innovation and Modernization Act is critical for the revitalization and improvement of our nation’s nuclear energy industry,” Inhofe said. “Nuclear energy has played an important role in the complex energy network of our country—it is carbon-free, reliable, safe and affordable and as we work to improve upon and modernize nuclear power plants it’s important that the Nuclear Regulatory Commission is modernized as well. By creating a new licensing framework for advanced reactors, and adjusting the fee structure as it applies to both traditional nuclear power plants and innovative reactors, NEIMA ensures that the NRC will operate efficiently, in turn allowing us to take full advantage of our country’s important nuclear fleet.”

Background

  • On May 18, 2016, the EPW Committee passed Nuclear Energy Innovation and Modernization Act with a vote of 17–3.
  • On April 13, 2016, Inhofe introduced with Sens. Cory Booker (D-N.J.), Sheldon Whitehouse (D-R.I.), and Mike Crapo (R-Idaho) S. 2795, Nuclear Energy Innovation and Modernization Act.