Establishes advanced nuclear energy program in BPU.

This bill creates a new program under New Jersey's Board of Public Utilities (BPU) to support advanced nuclear energy development. It establishes definitions for "advanced nuclear reactors" (with enhanced safety, efficiency, and waste reduction features) and "advanced nuclear energy certificates" (ANECs), which would represent environmental and reliability attributes of generated electricity. The program sets rules for qualifying projects, including cost approval processes for construction and allowances for unforeseen expenses. It directly affects nuclear developers and electric utilities seeking to build new advanced reactors in New Jersey, aiming to integrate these projects into the state's energy infrastructure. The bill is pending legislative action and does not yet change existing law.