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Members probe licensing and regulatory barriers; witnesses endorse milestone-based federal support
Summary
Committee members pressed witnesses on NRC permitting timelines, early site permit costs and whether milestone-based DOE contracting can enforce schedule discipline for advanced reactors.
Members and witnesses focused on regulatory and permitting barriers that can delay and increase the cost of new reactors, and discussed milestone-based contracting as one method to reduce schedule and budget risk.
Committee members asked witnesses why utilities in competitive (merchant) markets lag in deploying new reactors compared with regulated utilities. Kathleen Barone of Constellation explained that competitive markets do not guarantee…
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