Authority for multi-year contracts for energy from advanced nuclear reactors

Subchapter II of chapter 173 of title 10, United States Code, is amended by adding at the end the following new section: 2922K. Multi-year contracts for energy from advanced nuclear reactors (a) In general Subject to subsection (b), the Secretary of a military department may enter into a contract or contracts for a duration of not more than 50 years for the operation of an energy production facility through the use of an advanced nuclear reactor, as that term is defined in section 951(b)(1) of the Energy Policy Act of 2005 (42 U.S.C. 16271(b)(1)). (b) Funding The costs of any contract under this section may be paid from any appropriation available for that purpose. (c) Consideration As part of any consideration under a contract made under this section for the operation of an energy production facility, the Secretary of a military department may include the value of land leased for the siting of the energy production facility..