US President Joe Biden has signed into law the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy (ADVANCE) Act, aimed at reducing licensing times and cutting processing fees to support the development of advanced nuclear reactors, S&P Global reported on July 11. The US Senate passed Senate Bill 870 in an 88-2 vote on June 18, with the House passing a companion bill with similar bipartisan support. On July 9, Biden praised the legislation as a ‘win for American energy security, innovation and achieving economywide, net-zero emissions by 2050,’ noting that the new law would…