Legislation to create a new state agency on nuclear energy advanced unanimously off the Senate floor Monday. Senate Bill 198 would establish the Kentucky Nuclear Energy Development Authority to support and facilitate the development of a nuclear energy ecosystem across the state.
A 30-member advisory board comprised of government leaders, energy experts, and others would oversee the agency. It would be attached to the University of Kentucky Center for Applied Energy Research for administrative purposes.
The bill reflects work from a nuclear energy work group that brought together academics, utility and nuclear experts, and environmental advocates to study the issue in 2023. Once created, the authority would study workforce and educational needs to support the nuclear ecosystem in Kentucky. It would also oversee a site suitability study to identify potential locations for nuclear reactors and facilities.
Among many other provisions, the bill also calls for the Cabinet for Economic Development to create and implement a financial assistance program fund for nuclear energy-related projects.
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