Page:United States Statutes at Large Volume 73.djvu/124

 PUBLIC LAW 86-50-JUNE 23, 1959

[73 S T A T.

(2) the reactor plant may be constructed upon a site provided by a participating party with or without compensation; (3) the reactor plant shall be operated by, or under contract with, the Commission, for such period of time as the Commission determines to be advisable for research and development purposes and for such additional period as the Commission may determine to be necessary in the best interest of the Government. Upon the expiration of such period, the Commission may offer the reactor plant and its appurtenances for sale to a participating party or parties at a price to reflect appropriate depreciation, but not to include construction costs assignable to research and development, or the Commission may dismantle the reactor plant and its appurtenances; (4) the Commission may sell steam to a participating party at rates based upon the present cost of, or the projected cost of, comparable steam from a plant using conventional fuels at the reactor location; and (5) any steam sold shall be used for industrial, manufacturing or other commercial purposes, or for research and development related thereto, but shall not be used for the generation of electric power for sale. The participating party or parties shall provide facilities required for such utilization of the steam generated by the nuclear plant. SEC. 112. In the event the Commission constructs a power reactor under the authorization of project 60-e-15 of section 101 or subsection 110(e) of this Act at an installation operated by or on behalf of the Commission— (a) the electric energy generated may be used by the Commission in connection with the operation of such installation and the Commission is authorized to make necessary adjustments in its contract with the power supplier at such installation to provide for the interchange of reactor generated power into the transmission system of the supplier; (b) the Commission is authorized to obtain the participation of private, cooperative, or public organizations to the fullest extent consistent with the Commission direction of the project, ownership of the reactor, and utilization of the electric energy generated; and (c) the power reactor constructed shall be operated by, or under contract with, the Commission, for such period of time as the Commission determines to be advisable for research and development purposes and for such additional period as the Commission may determine to be necessary in the best interest of the Government. Upon the expiration of such period the Commission may offer the reactor and its appurtenances for sale to any public, private or cooperative power organization at a price to reflect appropriate depreciation but not to include construction costs assignable to research and development, or the Commission may dismantle the reactor and its appurtenances. SEC. 113. DESIGN AND ENGINEERING STUDIES.—The Commission shall proceed with design and engineering studies to include, but not be limited to, the following: Ta) prototype reactor for nuclear tankers; (b) reactor for remote military installations; and (c) other reactor types.
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