Federal Register #NRC2024-0218

NRC Proposed Rule: Exceptions for Foreign Ownership of Nuclear Utilization Facilities

The U.S. Nuclear Regulatory Commission (NRC) is proposing a regulatory change affecting foreign ownership of nuclear utilization facilities: - Government Buyer: - U.S. Nuclear Regulatory Commission (NRC) - Scope of Action: - Proposed amendment to regulations on foreign ownership, control, or domination (FOCD) of utilization facilities - Implements exceptions as required by the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024 - Impacted Parties: - Applicants and licensees of NRC-regulated utilization facilities with foreign ownership or control - Key Details: - No products, part numbers, or purchase quantities are requested - No OEMs or vendors are named; this is not a procurement action - The rule clarifies which foreign entities may be excepted from FOCD restrictions, based on international sanctions and country status - Unique Requirements: - Regulatory exceptions are defined by statutory and sanctions criteria, not by procurement specifications - Place of Performance/Agency Location: - U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001

Description

The U.S. Nuclear Regulatory Commission (NRC) is proposing to amend its regulations on foreign ownership, control, or domination (FOCD) of utilization facilities to comply with section 301 of the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024. The statute designates certain exceptions from the FOCD provision set forth in the Atomic Energy Act of 1954, as amended. The proposed rule affects applicants and licensees of utilization facilities owned, controlled, or dominated by a foreign entity. Comments on the proposed rule must be submitted electronically by May 26, 2026.

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