The Institute for 21st Century Energy , an affiliate of the U.S. Chamber of Commerce, released its Blueprint for Securing America's Energy Future [PDF] earlier today, calling for the significant expansion of nuclear power in the U.S. The Institute made nine recommendations: Congress should increase the loan guarantee authority of DOE’s Loan Guarantee Program commensurate with the capital cost of new nuclear power facilities. Additionally, Congress should transition the function of the DOE Loan Guarantee Program to a more permanent, stable financing platform, like the Clean Energy Bank of the U.S. (CEBUS) discussed in Section V of this report. Congress should amend the Nuclear Standby Support Program to allow for recovery of increased project costs as a result of delays, rising equipment costs, escalation clauses, and costs of litigation, and it should provide for the recovery of 100% of covered costs and debt obligations. Congress should ensure that the Nuclear Regulatory Commiss...
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