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Articles by Molly Mattison
Small Modular Reactors and Colorado’s Infrastructure Future
Small modular reactors (SMRs), a type of advanced nuclear reactor, are gaining renewed attention for their ability to deliver firm, dispatchable power with a smaller footprint and potentially shorter construction timelines than traditional nuclear plants.
Small Modular Reactors And Colorado’s Infrastructure Future
Nossaman LLP are most popular: within Tax and Insurance topic(s) with readers working within the Insurance industries Small modular reactors (SMRs), a type of advanced nuclear reactor, are gaining renewed attention for their ability to deliver firm, dispatchable power with a smaller footprint and potentially shorter construction timelines than traditional nuclear plants.
DC Circuit Upends CEQ Authority But Will the Decision Impact NRC Actions | JD Supra
The National Environmental Policy Act of 1969 (NEPA) requires federal agencies, including the Nuclear Regulatory Commission (NRC), to evaluate the potential environmental impacts of their proposed actions. That statute also established the White House Council on Environmental Quality (CEQ), which was tasked with issuing NEPA implementation guidelines. Pursuant to a 1977 executive order, CEQ promulgated implementing regulations that executive branch agencies have followed for many decades.
Nuclear Energy Mid-Year Report: Navigating the Changing Nuclear Landscape in 2024
NUCLEAR ENERGY MID-YEAR REPORT NAVIGATING THE CHANGING NUCLEAR LANDSCAPE IN 2024 REPORT NUCLEAR ENERGY MID-YEAR REPORT: NAVIGATING THE CHANGING NUCLEAR LANDSCAPE IN 2024 The first half of 2024 has been a dynamic period for the nuclear energy industry, marked by significant legislative and regulatory developments, evolving enforcement trends, and a continued focus on innovation and public safety.
Congress Gives 40-Year Extension for Price-Anderson Nuclear Liability Framework | JD Supra
With the change of a single number, Congress has provided continued support for the nuclear power industry by renewing the Price-Anderson Act. Congress amended Section 170 of the Atomic Energy Act of 1954 (commonly known as the Price-Anderson Act or PAA) by changing its expiration date to December 31, 2065 from December 31, 2025. Congress also increased fourfold the liability coverage for DOE contractors for a nuclear incident occurring outside the United States to $2 billion from $500 million.
Congress Gives 40-Year Extension for Price-Anderson Nuclear Liability Framework
With the change of a single number, Congress has provided continued support for the nuclear power industry by renewing the Price-Anderson Act. Congress amended Section 170 of the Atomic Energy Act of 1954 (commonly known as the Price-Anderson Act or PAA) by changing its expiration date to December 31, 2065 from December 31, 2025. Congress also increased fourfold the liability coverage for DOE contractors for a nuclear incident occurring outside the United States to $2 billion from $500 million.
NRC OI Annual Report: Significant Jump in Materials Licensee and Discrimination Investigations for FY 2023 | JD Supra
The NRC’s Office of Investigations (OI) recently published its Annual Report for fiscal year 2023, summarizing its activities from October 1, 2022 through September 30, 2023. According to the annual report, OI opened 82 new cases in FY 2023 compared to 70 in FY 2022, a 17% increase. It also closed 72 cases in 2023 compared to 67 in FY 2022, a 7.5% increase.
A New Nuclear Age: How 2023 Developments will Impact the Industry in 2024
REPORT A NEW NUCLEAR AGE HOW 2023 DEVELOPMENTS WILL IMPACT THE INDUSTRY IN 2024 www.morganlewis.com 2024 Morgan Lewis | Morgan, Lewis & Bockius LLP, a Pennsylvania limited liability partnership 1 A NEW NUCLEAR AGE: HOW 2023 DEVELOPMENTS WILL IMPACT THE INDUSTRY IN 2024 Morgan Lewis's energy lawyers regularly track developments impacting the nuclear industry on the firm's Up & Atom blog.
NRC Increases Required Amount of Primary Nuclear Liability Insurance | JD Supra
In a final rule published in the Federal Register on October 19, 2023, the NRC amended its regulations at 10 CFR 140.11 to increase the amount of third-party liability coverage required under the Price-Anderson Act, Section 170 of the Atomic Energy Act (42 USC 2210) (Price-Anderson) for large reactor licensees (i.e., reactors with a rated capacity of ≥100 MWe) from $450 million to $500 million per incident.
NRC Increases Required Amount of Primary Nuclear Liability Insurance
In a final rule published in the Federal Register on October 19, 2023, the NRC amended its regulations at 10 CFR 140.11 to increase the amount of third-party liability coverage required under the Price-Anderson Act, Section 170 of the Atomic Energy Act (42 USC 2210) (Price-Anderson) for large reactor licensees (i.e., reactors with a rated capacity of ≥100 MWe) from $450 million to $500 million per incident.
Large Increases to Price-Anderson Act Secondary-Layer Protection in Inflation Adjustments | JD Supra
In a Federal Register Notice published September 5, 2023, the NRC amended its regulations to be effective October 5, 2023, to adjust for inflation the maximum total and annual deferred premium amounts for the “secondary layer” of offsite liability coverage, as required by the Price-Anderson Act, as amended, Section 170 of the Atomic Energy Act (42 USC 2210) (Price-Anderson). Price-Anderson mandates the inflation adjustment every five years.
Large Increases to Price-Anderson Act Secondary-Layer Protection in Inflation Adjustments
In a Federal Register Notice published September 5, 2023, the NRC amended its regulations to be effective October 5, 2023, to adjust for inflation the maximum total and annual deferred premium amounts for the “secondary layer” of offsite liability coverage, as required by the Price-Anderson Act, as amended, Section 170 of the Atomic Energy Act (42 USC 2210) (Price-Anderson). Price-Anderson mandates the inflation adjustment every five years.
Large Increases to Price-Anderson Act Secondary-Layer Protection in Inflation Adjustments
In a Federal Register Notice published September 5, 2023, the NRC amended its regulations to be effective October 5, 2023, to adjust for inflation the maximum total and annual deferred premium amounts for the “secondary layer” of offsite liability coverage, as required by the Price-Anderson Act, as amended, Section 170 of the Atomic Energy Act (42 USC 2210) (Price-Anderson). Price-Anderson mandates the inflation adjustment every five years.
NRC Escalated Enforcement Increased in 2022 | JD Supra
The NRC’s Office of Enforcement (OE) recently published its Enforcement Program Annual Report for Calendar Year 2022. In 2022, the NRC issued 73 escalated enforcement actions to licensees, non-licensees, and individuals. This is 13 more than in 2021, an increase of 22%, and is higher than the five-year average of 60. Even so, this remains below the highs seen in 2016 and 2017, which had more than 80 each year.
NRC Escalated Enforcement Increased in 2022
The NRC’s Office of Enforcement (OE) recently published its Enforcement Program Annual Report for Calendar Year 2022. In 2022, the NRC issued 73 escalated enforcement actions to licensees, non-licensees, and individuals. This is 13 more than in 2021, an increase of 22%, and is higher than the five-year average of 60. Even so, this remains below the highs seen in 2016 and 2017, which had more than 80 each year.
NRC Office of Investigations FY 2022 Annual Report Shows Jump for Reactors, Decrease for Material Licensees | JD Supra
The NRC’s Office of Investigations (OI) recently published its Annual Report Fiscal Year 2022 summarizing its activities from October 1, 2021 through September 30, 2022. According to the annual report, OI opened 70 new cases in FY 2022, compared to 65 in FY 2021—an 8% increase. In contrast, it closed only 67 cases, compared to 96 in FY 2021—a 30% decrease. By the Numbers OI’s total case inventory in FY 2022 decreased by 20%—from 130 in FY 2021 to 104 in FY 2022.
Nuclear: An Investible ESG Asset
As the world responds to rapid changes across economic, social, environmental, geopolitical, and COVID-19 landscapes, many investors and companies are increasingly incorporating ESG—environmental, social, and governance—considerations into their business and investment decisions.
Recent Report Highlights Nuclear as ESG Powerhouse | JD Supra
Over the last few years, investors and financial markets have become more focused on environmental, social, and governance (ESG) considerations in making investment decisions. ESG considers how investments impact the environment, social factors, and governance issues. Investors are increasingly applying these nonfinancial factors in making investment decisions.
Recent Report Highlights Nuclear as ESG Powerhouse
Over the last few years, investors and financial markets have become more focused on environmental, social, and governance (ESG) considerations in making investment decisions. ESG considers how investments impact the environment, social factors, and governance issues. Investors are increasingly applying these nonfinancial factors in making investment decisions.
NRC OI Annual Report: Significant Jump in Materials Licensee and Discrimination Investigations for FY 2023
The NRC’s Office of Investigations (OI) recently published its Annual Report for fiscal year 2023, summarizing its activities from October 1, 2022 through September 30, 2023. According to the annual report, OI opened 82 new cases in FY 2023 compared to 70 in FY 2022, a 17% increase. It also closed 72 cases in 2023 compared to 67 in FY 2022, a 7.5% increase.
NRC Staff Releases Environmental Justice Recommendations: There's Room for Improvement | JD Supra
The NRC staff recently released its long-awaited policy paper on Environmental Justice (EJ) reform at the agency (SECY-22-0025, “Systematic Review of How Agency Programs, Policies, and Activities Address Environmental Justice”). The staff’s retrospective review found that current NRC EJ efforts are fully consistent with applicable law. Nevertheless, they provided a series of recommendations and commitments for Commission consideration.
NRC Selects Aggressive Schedule to Confirm GEIS Applicability to Subsequent License Renewal | JD Supra
The Commission recently approved the NRC Staff’s recommendation to pursue a 24-month schedule for updating the agency’s Generic Environmental Impact Statement for License Renewal of Nuclear Plants (LR GEIS). The Commission’s decision signifies an ambitious push forward to make the LR GEIS applicable to subsequent license renewal (SLR) applications.
NRC Announces Presiding Officer Framework For New Reactor Construction Permit ‘Mandatory' Hearings
United States: NRC Announces Presiding Officer Framework For New Reactor Construction Permit ‘Mandatory' Hearings 31 March 2022 by Ryan K.
NRC Announces Presiding Officer Framework for New Reactor Construction Permit ‘Mandatory’ Hearings | JD Supra
The Nuclear Regulatory Commission recently issued SRM-SECY-21-0107, in which it approved the NRC Staff’s recommendation to delegate authority to the Atomic Safety and Licensing Board (ASLB) Panel—the independent trial-level adjudicatory body of the NRC—to conduct “mandatory” hearings for certain types of construction permit applications. However, the Commission also noted its intent to conduct such hearings itself in certain first-of-a-kind proceedings.
NRC Announces Presiding Officer Framework for New Reactor Construction Permit ‘Mandatory’ Hearings
The Nuclear Regulatory Commission recently issued SRM-SECY-21-0107, in which it approved the NRC Staff’s recommendation to delegate authority to the Atomic Safety and Licensing Board (ASLB) Panel—the independent trial-level adjudicatory body of the NRC—to conduct “mandatory” hearings for certain types of construction permit applications. However, the Commission also noted its intent to conduct such hearings itself in certain first-of-a-kind proceedings.
NRC Issues Guidance Update to Cybersecurity Programs for Nuclear Power Reactors | JD Supra
The NRC held a public meeting on March 4 to discuss the issuance for public comment of draft regulatory guide (DG) DG-5061, Revision 1, Cyber Security Programs for Nuclear Power Reactors.
United States: Commission Denies NRC Staff Request To Discontinue ISFSI Security Rulemaking 04 February 2022 by Ryan K. Lighty and Molly Mattison Morgan Lewis To print this article, all you need is to be registered or login on Mondaq.com.
Commission Denies NRC Staff Request to Discontinue ISFSI Security Rulemaking | JD Supra
The Commission recently issued SRM-SECY-19-0100, in which it disapproved, by a 2-to-1 vote, a request made by the NRC staff that sought approval to discontinue the Independent Spent Fuel Storage Installation (ISFSI) Security Requirements rulemaking and deny a related petition for rulemaking filed by C-10 Research and Education Foundation Inc.
SUNSI You Later: NRC Moves Closer To 2022 CUI Implementation With Rulemaking Recommendation
United States: SUNSI You Later: NRC Moves Closer To 2022 CUI Implementation With Rulemaking Recommendation 03 January 2022 by Alex S. Polonsky , Ryan K. Lighty and Molly Mattison Morgan Lewis To print this article, all you need is to be registered or login on Mondaq.com.
SUNSI You Later: NRC Moves Closer to 2022 CUI Implementation with Rulemaking Recommendation | JD Supra
On December 10, the NRC staff issued SECY-21-0105 seeking approval from the NRC commissioners to publish a notice of final rule that would officially replace the NRC's sensitive unclassified non-safeguards information (SUNSI) program with a Controlled Unclassified Information (CUI) program. The new rules would appear in 10 CFR Part 2, "Agency Rules of Practice and Procedure," and be consistent with the government-wide rules on CUI in 32 CFR Part 2002.
Environmental Justice: NRC’s Last Meeting Before End of Comment Period | JD Supra
The NRC held a public meeting on October 21 to discuss the status of its evaluation of environmental justice (EJ) in its programs, policies, and activities. During the meeting, the NRC reviewed recent EJ efforts and feedback received to date, solicited additional comments from the public on their experiences with EJ issues, and sought further recommendations for its evaluation process.
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