S 3312

This bill directs the New Jersey Board of Public Utilities (BPU) to conduct an 18-month study examining whether small modular nuclear reactors (defined as nuclear fission reactors with capacity up to 300 megawatts) could replace electricity generation capacity lost from retiring coal or natural gas power plants in the state. The study must specifically evaluate the feasibility of building these reactors at existing power plant sites, considering the reuse of existing infrastructure and potential reemployment of displaced workers. Following completion of the study and submission of a report to the Governor and Legislature, the BPU is required to establish rules and regulations creating a pilot program for constructing a small modular nuclear reactor in New Jersey.