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Increase in the Maximum Amount of Primary Nuclear Liability Insurance

nuclear-licensing · Nuclear Regulatory Commission · Published 2023-10-19 · Effective 2024-01-01 · 88 FR 71988

Document

Document number
2023-23062
Federal Register citation
88 FR 71988
CFR reference
10 CFR 140
Type
Rule
Action
Final rule.
Category
nuclear-licensing
Sub-agency
Nuclear Regulatory Commission
Publication date
2023-10-19
Effective date
2024-01-01
Energy docket
NRC-2023-0130

Abstract

The U.S. Nuclear Regulatory Commission (NRC) is amending its regulations to increase the required amount of primary nuclear liability insurance from $450 million to $500 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 complies with the provision in the Price-Anderson Amendments Act of 1988 that states 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
Machine
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