((a)) ** Establishment** The Secretary shall establish a project to be known as the “Next Generation Nuclear Plant Project” (referred to in this part as the “Project”).

((b)) ** Content** The Project shall consist of the research, development, design, construction, and operation of a prototype plant, including a nuclear reactor that—

((1)) is based on research and development activities supported by the Generation IV Nuclear Energy Systems Initiative under section 16272(c)  of this title; and

((2)) shall be used—

((A)) to generate electricity;

((B)) to produce hydrogen; or

((C)) both to generate electricity and to produce hydrogen.