NRC issues FY16 performance and accountability report

The Nuclear Regulatory Commission (NRC) again met its strategic goals and objectives for safety and security, and all related performance indicator targets, according to a report on fiscal year 2016, published Nov. 18.

The NRC Performance and Accountability Report for Fiscal Year 2016 says the agency improved its operations by investing in its skilled workforce of engineers and scientists during the fiscal year that ended Sept. 30, and nuclear reactor and materials licensees maintained their excellent safety record.

The report details the agency’s program and financial performance from Oct. 1, 2015, through Sept. 30, 2016.

The agency is also in a sound financial position, having sufficient funds to meet programmatic needs and adequate controls in place to manage these funds. For the 13th consecutive year, the agency received an unmodified audit opinion on its financial statements from independent auditors, with no instances of noncompliance with laws and regulations.

The report provides key NRC achievements over fiscal year 2016. Chief among these was overseeing the startup of Tennessee Valley Authority (TVA) Watts Bar Unit 2, the first nuclear power plant to begin operations in 20 years; completing licensing of a first-of-a-kind medical isotope production facility; resolving multiple activities to apply lessons learned from the 2011 Fukushima accident; and implementing many activities to improve the agency’s effectiveness and efficiency.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.