The governor of the US state of Virginia has signed multiple bills into law intended to promote the development of small modular reactors.
One law would create the Virginia Power Innovation Fund. Money from the fund would be used solely for research and development of innovative energy technologies, including nuclear, hydrogen, carbon capture and utilisation, and energy storage.
The law would also create the Virginia Power Innovation Program, using funds to establish a Virginia nuclear innovation hub and award competitive grants to support energy innovation.
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