Nuclear Industry Spent Big Bucks on Lobbying in First Quarter

The Nuclear Energy Institute lobbied for funds to research and develop smaller, cheaper reactors.

AtomThe main trade group for the nuclear power industry spent $545,000 in the first quarter lobbying about financial support for new reactors and safety regulations, according to a disclosure report.

The Nuclear Energy Institute spent 26 percent more than the $405,000 it spent in fourth quarter of last year and 21 percent more than the $430,000 it spent in the first quarter of 2010.

NEI, based in Washington, lobbied for support for building new nuclear reactors and for funds for research and development for smaller, cheaper reactors.

NEI also lobbied about clean water rules that affect how power plants of all types are cooled and about how the production and transportation of nuclear materials is regulated.

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Source: Bloomberg