Bill > HR4066

This bill, the Nuclear Innovation Act, directs the Department of Energy (DOE) to establish programs aimed at advancing U.S. nuclear reactor technology. One key provision focuses on enhancing the nation's ability to develop new reactor designs through advanced computer modeling and simulation, coordinating with other federal agencies under the National Strategic Computing Initiative. Additionally, the bill mandates the creation of a program to support the testing and demonstration of private sector-funded reactor concepts, leveraging the expertise of federal agencies and national laboratories to expedite the construction and operation of experimental reactors at DOE-owned sites. These privately funded reactors will serve to physically validate new reactor designs, address technical uncertainties related to safety, security, and functionality, and foster research and development for emerging technologies. The bill also defines terms like "advanced fission reactor" as a nuclear reactor with significant improvements over current generations, offering enhanced safety, reduced waste, and greater efficiency.