A message from Electrical Builders, Ind.
America’s Top Performing Nuclear Plants Rely on Electrical Builders, Industries to Expand and Extend the Life of Their Critical Electrical Assets
New appropriations bills currently under review in the U.S. Congress include a significant funding boost for nuclear energy.
This week, ranking members of both the U.S. House and Senate released six fiscal year 2024 appropriations, including the Energy and Water Development and Related Agencies bill that has nuclear energy funding for FY 2024.
The House Appropriations Committee has delivered to the full House the fiscal year 2023 Energy and Water Development bill in a 32–24 vote, along with a notable amendment concerning, among other things, Diablo Canyon, high-assay low-enriched uranium (HALEU), and thorium molten salt reactors. The amendment received a thumbs-up at the committee’s June 28 markup session via voice vote.
The Senate Appropriations Committee on Wednesday approved three of the 12 fiscal year 2022 funding measures, including an Energy and Water Development bill that provides the Department of Energy’s Office of Nuclear Energy (NE) with an increase of 5.5 percent over last year’s allocation—half of the boost recommended for NE last month by House appropriators.
The Senate panel advanced the legislation by a vote of 25–5, with all five no votes from GOP members: Sens. Mitch McConnell (R., Ky.), John Kennedy (R., La.), Mike Braun (R., Ind.), Bill Hagerty (R., Tenn.), and Marco Rubio (R., Fla.).
The House Committee on Appropriations last week approved an Energy and Water Development funding bill for fiscal year 2022 that provides an 11 percent increase for the Department of Energy’s Office of Nuclear Energy.
Reported favorably out of committee on July 16 via a party-line vote of 33 to 24, the House bill sports a total price tag of $53.2 billion, an increase of $1.5 billion from the FY 2021 enacted level. (The committee’s official report on appropriations for the next fiscal year can be found here.)