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Increase in the Maximum Amount of Primary Nuclear Liability Insurance

nuclear-licensing · Nuclear Regulatory Commission · Published 2016-12-30 · Effective 2017-01-01 · 81 FR 96347

Document

Document number
2016-31368
Federal Register citation
81 FR 96347
CFR reference
10 CFR 140
Type
Rule
Action
Final rule.
Category
nuclear-licensing
Sub-agency
Nuclear Regulatory Commission
Publication date
2016-12-30
Effective date
2017-01-01
Energy docket
NRC-2016-0164

Abstract

The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations to increase the required amount \1\ of primary nuclear liability insurance from $375 million to $450 million for each nuclear reactor that is licensed to operate, is designed for the production of electrical energy, and has a rated capacity of 100,000 electrical kilowatts or more. This change conforms to the provision in the Price- Anderson Amendments Act of 1988 (Pub. L. 100-408) (Price-Anderson Act) that the amount of primary financial protection required of licensees by the NRC shall be the maximum amount available at reasonable cost and on reasonable terms from private sources. ---------------------------------------------------------------------------

Source

Authoritative
Federal Register document
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