(Sec. 5) Repeals the requirement that the Secretary implement: (1) the Nuclear Power 2010 program; (2) the Generation IV Nuclear Energy Systems Initiative; and (3) the reactor production of hydrogen.
Directs the Secretary to implement: (1) an R & D, demonstration, and commercial application program to advance nuclear power systems and technologies (reactor concepts) to sustain currently deployed systems; and (2) a small modular reactor program to promote R&D, demonstration, and commercial application of small modular reactors.
(Sec. 7) Authorizes the Secretary to carry out a Nuclear Energy Research Initiative for R&D related to steam-side improvements to nuclear power plants to promote the research, development, demonstration, and commercial application of: (1) cooling systems; (2) turbine technologies; (3) heat exchangers and pump design; (4) special coatings to improve lifetime of components and performance of heat exchangers; and (5) advanced power conversion systems for advanced reactor technologies. Limits funding for such Initiative.
(Sec. 8) Directs the Secretary to conduct an R&D, demonstration, and commercial application program on specified fuel cycle options that improve uranium resource utilization, maximize energy generation, minimize nuclear waste creation, improve safety, mitigate risk of proliferation, and improve waste management in support of a national strategy for spent nuclear fuel and reactor concepts. Specifies among such options open cycle, modified open cycle, and full recycle technologies, as well as advanced, alternative, and deep borehole storage methods.
Authorizes the Secretary to support certain additional advanced recycling and crosscutting activities.
Directs the Secretary, in carrying out such options, to consider the final report on a long-term nuclear waste solution produced by the Blue Ribbon Commission on America's Nuclear Future.
(Sec. 9) Directs the Secretary to conduct a program to support the integration of certain activities undertaken through R&D programs for reactor concepts and crosscutting nuclear energy concepts.
(Sec. 10) Requires the Secretary to report to Congress on: (1) the quantitative risks associated with the potential of a severe accident arising from the use of nuclear power; and (2) current technologies to mitigate the consequences of such an accident.
(Sec. 11) Changes the location of the prototype Next Generation Nuclear reactor and associated Plant from the Idaho National Laboratory (IDL) to a construction site determined by the IDL-organized consortium of appropriate industrial partners through an open and transparent competitive selection process.
Directs the Comptroller General to submit to Congress a status update of the Next Generation Nuclear Plant program.
(Sec. 12) Requires the Director of the National Institute of Standards and Technology (NIST) to establish a nuclear energy standards committee to facilitate the development or revision of technical standards for new and existing nuclear power plants and advanced nuclear technologies.
(Sec. 13) Directs the Secretary to arrange with the National Academies to evaluate and report to Congress on the scientific and technological challenges to the long-term maintenance and safe operation of currently deployed nuclear power reactors up to and beyond the specified design-life of reactor systems.
(Sec. 14) Requires the Secretary to prepare a database, accessible on the DOE website, of non-federal user facilities receiving federal funds that may be used for unclassified nuclear energy research.
(Sec. 15) Makes DOE responsible for disposal of high-level radioactive waste or spent nuclear fuel generated by reactors under the programs authorized in this Act.