Best Practices for the New Nuclear Power Plant
Certification and Combined Operating License (COL)
Application Processes

November 6-7, 2006 - Omni CNN Center - Atlanta, GA
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Overview:

Growing U.S. demand for energy, increasing global competition for fossil fuels, concern over greenhouse gas emissions and global warming, and the desire for energy independence makes nuclear power generation very attractive. A new streamlined application process for new nuclear construction has been created by the Energy Policy Act of 2005. The Federal government has offered financial support for new nuclear power generation. New technology has been developed that includes passive safety features. One design has even been pre-approved for use in the combined Construction and Operating License (COL) process. Utilities and nuclear energy groups have announced plans under the new process to submit applications for combined construction/operating licenses (COL) for at least 19 new plants through 2008. Under the new process the Nuclear Regulatory Commission (NRC) is expected to take three years to review and grant these permits. Expected construction time for new plants upon receipt of the permit is 4-6 years. Nuclear developers have recently received risk mitigation in the form of Federal insurance against litigation or administrative delay of construction. Best Practices for the New Nuclear Power Plant Certification and Combined Operating License (COL) Application Processes will explain all of the components of the new process. Attendees will gain a succinct understanding of what each part of the new rules mean and how they interact to provide a new streamlined and secure process for developing new nuclear energy.

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