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Nuclear Financing and Ownership Models

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Resource States and State Governments

New York’s proposed Senate Bill 8032

New York’s proposed Senate Bill 8032 (2016) was introduced in the New York State Senate, which would have directed the New York State Power Authority to purchase the FitzPatrick plant as caretaker own...
Example States and State Governments

Virginia Legislation on Cost Recovery for SMRs

In 2024, Virginia passed legislation promoting the development of small modular nuclear reactor (SMR) electric-generating facilities. Under the legislation, investor-owned electric utilities may accel...
Resource States and State Governments

Report, State Legislation and Regulations Supporting Nuclear Energy

This 2022 report offers a 50-state survey of state activity supporting the development of nuclear energy, highlighting trends in zero-emission credit programs, clean energy standards, carbon pricing m...
Example States and State Governments

Florida Rules on Recovering Prudent Nuclear Costs

Florida Statutes § 366.93 provides for recovery of costs prudently incurred in the siting, design, licensing, and construction of new nuclear power plants. Under this authority, the PSC promulgated Ru...
Resource States and State Governments

Sustainable Development Law and Policy paper, The Role of Advanced Cost Recovery in Nuclear Energy Policy

Sustainable Development Law and Policy published a 2015 paper, The Role of Advanced Cost Recovery in Nuclear Energy Policy, which reviews advanced cost recovery programs, legal challenges, and propose...
Example States and State Governments

Georgia Nuclear Energy Financing Act

The Georgia Nuclear Energy Financing Act of 2009 allowed utilities to recover costs of financing nuclear plant construction if approved by the PSC. The law gave the PSC the power to authorize accounti...
Resource Congress

Proposed CLEAN Future Act (2020)

The proposed Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act (2020) is a large, economy-wide climate bill released by the House Committee on Energy and Commerce. Among ...
Example States and State Governments

South Carolina’s Base Load Review Act

South Carolina’s Base Load Review Act (2007) allowed utilities to recover costs of financing nuclear construction, provided it passes a prudency review of pre-construction costs. The Act is popularly ...