Fission for the Future Act
This bill establishes new programs and expands existing programs to increase domestic supplies of certain types of low-enriched uranium.
First, the Department of Energy (DOE) must establish a program to increase the production of certain types of low-enriched uranium by U.S. nuclear energy companies.
Second, DOE must expand the existing American Assured Fuel Supply Program to ensure the availability of certain types of domestically produced uranium in the event of a supply disruption.
Third, DOE must establish a demonstration program to make certain types of low-enriched uranium available from its inventories, stockpiles, or allies to meet the needs and schedules of advanced nuclear reactor developers until such time that commercial enrichment and deconversion capability for the uranium exists in the United States at a scale sufficient to meet future needs.
Fission for the Future Act of 2021
This bill supports the commercial deployment of advanced nuclear reactors. Specifically, the Department of Energy (DOE) must establish a program that provides financial assistance for the commercial planning, licensing, development, and construction of (1) advanced nuclear reactors, or (2) supply chain infrastructure associated with such reactors or related technologies.
In addition, the bill reauthorizes through FY2026 and revises a DOE program designed to strengthen university research and training in nuclear science and engineering.