Loading...
Market
Will the US Department of Energy allocate the full $900 million for advanced nuclear reactors by December 31, 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Department of Energy
Story
U.S. Senate Passes ADVANCE Act in 88-2 Vote, Allocates $900 Million for Nuclear Energy
Jun 18, 2024, 10:54 PM
The U.S. Senate has passed the 'Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act' with an overwhelming bipartisan vote of 88-2. This significant legislation, championed by Senator Capito, aims to modernize the Nuclear Regulatory Commission's processes, reducing fees for developers, expediting the licensing of new reactors, and directing the agency to work with foreign regulators. Bill Gates has expressed strong support for nuclear energy, highlighting its potential for job creation, climate goals, and energy independence. Gates has committed $1 billion to nuclear energy projects, including a next-generation nuclear power project in Kemmerer, Wyoming. The Department of Energy has also announced $900 million to support the development of advanced nuclear reactors. The bill now awaits President Biden's signature.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No new entrants • 33%
1-2 new entrants • 33%
3 or more new entrants • 33%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%