Primary Objective: Study feasibility of small modular nuclear reactors as carbon-free energy.
Advanced Small Modular Reactors vary in size from tens of megawatts up to hundreds of megawatts, can be used for power generation, process heat, desalination, other industrial uses.
.… relatively small physical footprints, reduced capital investment, ability to be sited in locations not possible for larger nuclear plants, and provisions for incremental power additions.
… the Department of Energy has partnered with NuScale Power and Utah Associated Municipal Power Systems to demonstrate a first-of-a-kind reactor technology at the Idaho National Laboratory. https://www.energy.gov/ne/advanced-small-modular-reactors-smrs
Bill definition of Small Modular Reactor specifies a rated capacity NMT 300 megawatts electricity; can be operated in combination at a single site. Must be licensed by the US Nuclear Regulatory Commission.
The study will be carried out by the Colorado Energy Office and will include:
- Evaluation of existing state law.
- Economic feasibility of replacing carbon energy sourced (e.g., coal-fired).
- Safety of operation.
- Safety of waste stream.
- Property tax benefits (local).
- Jobs created.
- Reliability and cost comparison (to natural gas; renewable).
- Local government permitting.
CEO does not have any programs in nuclear energy, thus will need to hire outside contractors for technical analyses in the study. Regulation of nuclear facilities is by US Nuclear Regulatory Commission, an independent agency. Permitting for any facility is done at the federal level. Site approval/permitting is at the state & local level.
The League supports energy policies that limit reliance on nuclear fission.
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