Nebraska Public Power District (NPPD), owner and operator of the Cornhusker State’s only operating nuclear power facility—the single-unit Cooper plant—is beginning the process of studying locations that could potentially host small modular nuclear reactors, the utility announced last Friday.

The effort will be financed through L.B. 1014—a state measure approved in April 2022 that appropriates the $1.04 billion allocated to Nebraska from federal pandemic relief funds.

Bostelman

Companies that build advanced nuclear reactors in Nebraska would be eligible for tax incentives should a measure now being considered by that state’s lawmakers, Legislative Bill 84, become law.

Under L.B. 84, sponsored by Sen. Bruce Bostelman (R., 23rd Dist.), a renewable energy firm that uses nuclear energy to produce electricity could take advantage of the ImagiNE Nebraska Act—a business tax incentive program signed into law by Gov. Pete Ricketts in August of last year. The bill adds “nuclear electric power generation” to the act’s list of renewable energy sources qualifying for incentives. (Sources already listed in the act include wind, solar, energy storage, geothermal, hydroelectric, biomass, and transmutation of elements.)