NRC Adopts Inflation Adjustments to Price-Anderson Act Financial Protection Regulations

Summary

The U.S. Nuclear Regulatory Commission (NRC) is updating its rules to account for inflation, increasing the maximum total and annual standard deferred premiums under the Price-Anderson Act, a law that provides financial protection for nuclear accidents. The changes are required by the Atomic Energy Act of 1954, which mandates annual reviews every 5 years starting from August 20, 2003.