The term “advanced nuclear reactor” has the meaning given the term in section 16271(b) of this title.
The term “associated individual” means an alien who is a national of a country that is an ally or partner of the United States.
The term “consortium” means the consortium established under section 16281(a)(2)(F) of this title.
The term “high-assay, low-enriched uranium” or “HALEU” means high-assay low-enriched uranium (as defined in section 16281(d) of this title).
On enactment of this Act, the Secretary shall immediately accelerate and, as necessary, initiate activities to make available from inventories or stockpiles owned by the Department and made available to the consortium, HALEU for use in advanced nuclear reactors that cannot operate on uranium with lower enrichment levels or on alternate fuels, with priority given to the awards made pursuant to the funding opportunity announcement of the Department numbered DE–FOA–0002271 for Pathway 1, Advanced Reactor Demonstrations, with additional HALEU to be made available to other advanced nuclear reactor developers, as the Secretary determines to be appropriate.
In carrying out activities under this section, the Secretary shall ensure that any LEU and HALEU made available by the Secretary under 1 or more of the Programs is subject to reasonable compensation, taking into account the fair market value of the LEU or HALEU and the purposes of this section.
The Nuclear Regulatory Commission shall prioritize and expedite consideration of any action related to the Programs to the extent permitted under the Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.) and related statutes.
The requirements of section 2297h–10(d)(2) of this title shall not apply to activities related to the Programs.
The Secretary shall only make available to a member of the consortium under this section for commercial use or use in a demonstration project material that the President has determined is not necessary for national security needs during or prior to fiscal year 2023, subject to the condition that the material made available shall not include any material that the Secretary determines to be necessary for the National Nuclear Security Administration or any critical mission of the Department.
This section shall be applied in a manner consistent with the obligations of the United States under international agreements.