NJ S744

New Jersey Board of Public Utilities must conduct a feasibility study on developing advanced nuclear reactors statewide, with a report due to the Governor and Legislature within 18 months

Study must identify suitable deployment locations including former industrial sites and retired fossil fuel generation facilities, and consult with the Nuclear Regulatory Commission on permitting requirements

Economic viability assessment required, examining federal programs, private investments, State funding opportunities, and integration with existing energy infrastructure

Minimum of three public stakeholder sessions must be held to assess public perception, environmental impacts, and stakeholder input on statewide advanced reactor development

Advanced reactors and small modular reactors (SMRs) up to 1,000 megawatts thermal are covered, with nuclear energy currently providing over 40% of New Jersey's electricity