The Price-Anderson Act: 2021 Report to Congress, Public Liability Insurance and Indemnity Requirements for an Evolving Commercial Nuclear Industry Office (NUREG/CR-7293)

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Publication Information

Manuscript Completed: December 2021
Date Published: December 2021

Prepared by:
H. Arceneaux, J. Archibald, E. Aquino,
P. Bailey, J. Cleland, E. Gormsen, E. Kurz,
W. McGlinn, C. Mellen, and D. Ryder

ICF
9300 Lee Highway
Fairfax, VA 22031

Mable Henderson and Emil Tabakov, NRC Project Managers

Prepared for:
Office of Nuclear Reactor Regulation
Office of Nuclear Material Safety and Safeguards
U.S. Nuclear Regulatory Commission
Washington, D.C. 20555

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Abstract

This report fulfills the mandate of Subsection 170(p) of the Atomic Energy Act of 1954, as amended, which requires that the U.S. Nuclear Regulatory Commission (NRC or Commission) submit to Congress by December 31, 2021, a detailed report on the continuation or modification of Section 170 of the Atomic Energy Act of 1954, namely the Price-Anderson Nuclear Industries Indemnity Act (Price-Anderson Act, PAA, or Act). Part 1 presents an overview of the Price-Anderson system. Part 2 examines the issues that the Commission is required by statute to study (i.e., condition of the nuclear industry, state of knowledge of nuclear safety, and availability of private insurance). Part 3 covers other issues of interest and importance to Congress and to the public, such as international agreements relevant to the Price-Anderson Act and the potential financial burden of increasing retrospective premium assessments. Part 4 contains conclusions and recommendations. Part 5 is the list of references. This report includes four appendices: Appendix A, Listing of Litigation Surrounding the Price-Anderson Act and the Summary Results; Appendix B, Historical Claims Data from ANI; Appendix C, Listing of Each Price-Anderson Act Report Submitted to Congress Since 1957; and Appendix D, Currently Operating Nuclear Power Reactors.

Page Last Reviewed/Updated Friday, December 17, 2021