Evaluating the Implementation of Distributed Ledger Technology for the Licensing and Regulation of Nuclear Power Plants

Abstract

The approval process from the U.S. Nuclear Regulatory Commission (NRC) for nuclear power plants is sequential. It involves several government bodies such as the Advisory Committee on Reactor Safeguards (ACRS), public meetings, and hearings. If the submissions made to the NRC do not contain enough information to meet the regulation requirements, the NRC issues a Request for Additional Information (RAI). Thus, the licensee has to go through a paperwork-intensive process that involves multiple regulatory agencies for the various licensing requirements. Moreover, sending applications to the NRC is limited to using an electronic submission generation tool called the Packing Slip Wizard (PSW). This paper presents a methodology to implement Distributed Ledger Technology (DLT) to address the need for a real-time, digitized documentation platform in the nuclear power industry’s licensing and regulation process. The evaluation of DLT’s implementation resulted in the formulation of a methodology to accept submissions from an applicant on a web application and storing the received data on a distributed ledger. The presented method offers a real-time submission of the available information of an application. It facilitates the NRC with a real-time feedback capability expediting the review process. RAI’s can be reduced in number by ensuring that the NRC’s information requirements are defined as smart contracts.