"An extension of the Price-Anderson Act would make sure nuclear energy developers continue to receive liability support."
"The fiscal 2024 spending package released Thursday proposes to prolong and expand a critical lifeline for the domestic nuclear energy industry.
Tucked into the six-bill minibus is a 40-year extension of the Price-Anderson Act, a law passed in 1957 that requires federal regulators to limit financial liabilities for operators of nuclear reactors in the event of a dangerous nuclear incident.
Without the extension, that liability protection would expire at the end of next year. The provision would also increase the amount of indemnity the Department of Energy would provide for nuclear incidents outside of the United States from up to $500 million to up to $2 billion."
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