July 17, 2017
AAF Research Finds Nuclear Industry Stifled by High Regulatory Costs and Onerous Burdens
Today the American Action Forum (@AAF) released research examining federal burdens imposed upon the nuclear industry. AAF research finds that each year nuclear power plants pay $8.6 million in regulatory costs, $22 million in Nuclear Regulatory Commission (NRC) fees and $32.7 million in regulatory liabilities. This equates to $63 million in annual cost burdens. Despite significant advancements, NRC regulations and approval timelines have not shortened. Consequently, the burdens placed on the nuclear industry have stifled the adoption of newer and safer nuclear power plants.
Click here to read the research