Bill > S08458

This bill establishes the "Nuclear Energy Deployment Act" which aims to promote and facilitate advanced nuclear reactor development in New York State. The bill directs the New York State Energy Research and Development Authority (NYSERDA) to create new rules and regulations to support nuclear energy expansion, including establishing a nuclear energy coordinator position to help streamline the permitting process for nuclear projects. The legislation defines various nuclear energy terms and creates a nuclear energy deployment fund to provide competitive grants to applicants developing advanced nuclear reactor technologies. These grants can cover expenses such as technology development, feasibility studies, site planning, engineering design, environmental characterization, and nuclear commission application processes. The bill limits individual grants to $200 million, with 30% provided after a construction permit application is filed and 70% after a final investment decision is made. NYSERDA, in consultation with the Public Service Commission and Department of Environmental Conservation, will review existing regulations to reduce permitting time and complexity, identify barriers to nuclear energy development, and support the creation of a comprehensive nuclear energy strategy for the state. The goal is to make nuclear energy a vital part of New York's clean energy generation portfolio by supporting innovative reactor technologies like small modular reactors and nuclear cogeneration projects.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S8458