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August 2005

Key Facts

• Congress recently passed the Energy Policy Act of 2005 (H.R. 6), which incorporates a wide range of measures that support today’s operating nuclear plants and provides important incentives for building new nuclear plants.
• H.R. 6 includes several incentives to encourage construction of new nuclear plants, including production tax credits, loan guarantees and risk protection for companies pursuing the first new reactors.
• The bill also includes an extension of the Price-Anderson Act, an insurance framework for protecting the public in the case of a nuclear incident.
• The legislation authorizes funding for nuclear energy research and development, as well as funding to build an advanced hydrogen cogeneration reactor in Idaho. The bill also creates an assistant secretary for nuclear issues at the Department of Energy.
  

Provided below are summaries of the key nuclear energy provisions in H.R. 6.