Policy Impact Analysis - 117/S/3428

Bill Overview

Title: A bill to require the Secretary of Energy to establish a Nuclear Fuel Security Program, expand the American Assured Fuel Supply Program, and submit a report on a civil nuclear credit program, and for other purposes.

Description: This bill establishes new programs and expands existing programs to increase domestic supplies of certain types of low-enriched uranium. First, the Department of Energy (DOE) must establish a program to increase the production of certain types of low-enriched uranium by U.S. nuclear energy companies. Second, DOE must expand the existing American Assured Fuel Supply Program to ensure the availability of certain types of domestically produced uranium in the event of a supply disruption. Third, DOE must establish a demonstration program to make certain types of low-enriched uranium available from its inventories, stockpiles, or allies to meet the needs and schedules of advanced nuclear reactor developers until such time that commercial enrichment and deconversion capability for the uranium exists in the United States at a scale sufficient to meet future needs.

Sponsors: Sen. Manchin, Joe, III [D-WV]

Target Audience

Population: People reliant on nuclear energy for electricity

Estimated Size: 10000000

Reasoning

Simulated Interviews

Nuclear Engineer (Idaho, USA)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy seems beneficial because it should secure the supply of uranium, which could lead to long-term job security in our plant.
  • I believe that having domestically sourced fuel reduces our reliance on foreign supplies and safeguards jobs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 6
Year 3 8 6
Year 5 9 5
Year 10 9 4
Year 20 10 3

Energy Policy Analyst (New York, USA)

Age: 33 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • I'm optimistic about the policy because it promotes energy security, but I'm skeptical about its environmental impacts.
  • If managed well, it could inspire more investments into clean energy, though timelines for such projects can be long.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 5
Year 20 7 5

Retired Teacher (Illinois, USA)

Age: 60 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Lower energy costs are essential for retirees like me, the policy seems hopeful but long-term focused.
  • Safety and environmental concerns remain pivotal, trusting the advancements in technology might address them.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 4
Year 20 5 4

Software Developer (California, USA)

Age: 28 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 10/20

Statement of Opinion:

  • I don't feel directly impacted by nuclear policies since I focus on renewable energies.
  • Potential indirect benefits could mean better electricity rates, but I prefer direct investment in solar/wind technologies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Nuclear Energy Safety Inspector (Texas, USA)

Age: 39 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • Increased domestic uranium production could streamline compliance visits and safety checks by ensuring supply standardization.
  • Safety remains paramount; such policies may elevate safety as supply chain risks diminish.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 9 7
Year 3 9 7
Year 5 9 6
Year 10 10 5
Year 20 9 4

Energy Consultant (Tennessee, USA)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • If effectively managed, this policy could enhance broader energy security, affecting prices positively.
  • It's critical to align these policies with global environmental commitments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 6
Year 20 9 5

Local Government Official (Georgia, USA)

Age: 41 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • Community-level communication about uranium supply matters can greatly influence public opinion.
  • This policy might support local infrastructure development, though community concerns must be addressed.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 9 5
Year 20 9 4

Retired Nuclear Physicist (Florida, USA)

Age: 70 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 2/20

Statement of Opinion:

  • The policy is promising for cutting dependency on foreign uranium which is crucial for both national security and scientific advancement.
  • Expectations should be set for the time needed to build this capability effectively.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 6
Year 20 8 5

Nuclear Plant Technician (Virginia, USA)

Age: 48 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 3/20

Statement of Opinion:

  • The supply assurance part of this bill could stabilize plant operations which benefits job security.
  • Union positions will need to consider how domestic sourcing impacts labor dynamics.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 5
Year 3 8 5
Year 5 8 4
Year 10 9 4
Year 20 9 3

Graduate Student in Environmental Science (Washington, USA)

Age: 26 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • It's a significant shift towards energy security, but I'd like to see more emphasis on renewables alongside nuclear advancements.
  • From what I've read, such mixtures of policies can stimulate broader innovation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 6 5
Year 20 6 5

Cost Estimates

Year 1: $200000000 (Low: $150000000, High: $250000000)

Year 2: $200000000 (Low: $150000000, High: $250000000)

Year 3: $210000000 (Low: $160000000, High: $260000000)

Year 5: $220000000 (Low: $170000000, High: $270000000)

Year 10: $250000000 (Low: $200000000, High: $300000000)

Year 100: $300000000 (Low: $240000000, High: $360000000)

Key Considerations