Senate approves energy bill authorizing new reactor at Idaho lab
Washington (Platts)--28Jun2005
The Senate approved today an energy bill containing a $1.25-billion authorization for construction of an advanced nuclear cogeneration power reactor at the Idaho National Laboratory. In addition, there are loan guarantees and production tax credits for up to 6,000 MW of new nuclear capacity for the first eight years in service. There is also authorization for research and development on nuclear fuel recycling and transmutation technologies and money earmarked for scholarships, fellowships, and university research. Senate Energy & Natural Resources Committee Chairman Pete Domenici (R-N.M.) said conferees would be named soon to begin working on a compromise bill with House members. President Bush has said he wants Congress to present him with a bill by August.
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