Other short titles | ADVANCE Act of 2023 |
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Long title | A bill to enhance United States civil nuclear leadership, support the licensing of advanced nuclear technologies, strengthen the domestic nuclear energy fuel cycle and supply chain, and improve the regulation of nuclear energy, and for other purposes. |
Enacted by | the 118th United States Congress |
Legislative history | |
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Long title | To advance the benefits of nuclear energy by enabling efficient, timely, and predictable licensing, regulation, and deployment of nuclear energy technologies, and for other purposes. |
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Legislative history | |
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The Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024, or the ADVANCE Act of 2024, is a piece of legislation passed by the 118th United States Congress to accelerate the development of generation IV nuclear reactor technology and keep existing United States nuclear electric power plants online.[1][2] The Act was introduced in the Senate by Shelley Moore Capito in March 2023 as the ADVANCE Act of 2023.[2] The bill was passed by the Senate in June 2024.[1] A companion bill, the Atomic Energy Advancement Act, similarly reducing licensing fees for advanced nuclear technologies and opposing the Chinese and Russian nuclear sector, passed in the House of Representatives in February 2024.[1][3] It was not passed alone; the ADVANCE Act was incorporated into the Fire Grants and Safety Act, a reauthorization signed into law on July 9, 2024.[4][5][6]
The act is considered one of the most important federal clean energy measures since the Inflation Reduction Act.[7]