View all text of Part C [§ 13491 - § 13495]
§ 13493. Commercialization of advanced light water reactor technology
(a) Certification of designs
(b) First-of-a-kind engineering
(1) Establishment of program
(2) Selection criteria
In order to be eligible for assistance under this subsection, an entity shall certify to the satisfaction of the Secretary that—
(A) the entity, or its members, are bona fide entities engaged in the design, engineering, manufacture, construction, or operation of nuclear reactors;
(B) the entity, or its members, have the financial resources necessary for, and fully intend to pursue the design, engineering, manufacture, construction, and operation in the United States of nuclear power plants 1
1 So in original. Probably should be “powerplants”.
through completion of construction and into operation;(C) the design proposed is scheduled for certification by the Commission under the Department of Energy’s program for certification of light water reactor designs; and
(D) at least 50 percent of the funding for the project shall be obtained from non-Federal sources, and a substantial portion of that non-Federal funding shall be obtained from utilities or entities whose primary purpose is the production of electrical power for public consumption.
(3) Program documents
(4) Funding limitations
(A) Before entering into an agreement with an entity under this subsection, the Secretary shall establish a cost ceiling for the contribution of the Federal Government for the project, and shall report such cost ceiling to the Congress.
(B) No entity shall receive assistance under this subsection for a period greater than 4 years.
(C) The aggregate funding provided by the Secretary for projects under this subsection shall not exceed $100,000,000 for the period encompassing fiscal years 1993 through 1997.
(Pub. L. 102–486, title XXI, § 2123, Oct. 24, 1992, 106 Stat. 3083.)