; (v) energy storage; (vi) industrial or medical isotope production; and (vii) other applications, as identified by the Commission; (B) options for addressing those issues or requirements— (i) within the existing regulatory framework of the Commission; (ii) as part of the technology-inclusive regulatory framework required under subsection (a)(4) of section 103 of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2133 note; Public Law 115–439 ) or described in the report required under subsection (e) of that section ( Public Law 115–439 ; 132 Stat. 5575); or (iii) through a new rulemaking; and (C) the extent to which Commission action is needed to implement any matter described in the report. (2) Cost estimates, budgets, and timeframes The report shall include cost estimates, proposed budgets, and proposed timeframes for implementing risk-informed and performance-based regulatory guidance in the licensing of nuclear reactors for nonelectric applications. 204. Enabling preparations for the demonstration of advanced nuclear reactors on Department of Energy sites or critical national security infrastructure sites (a) In general Section 102(b)(1)(B) of the Nuclear Energy Innovation and Modernization Act ( 42 U.S.C. 2215(b)(1)(B) ) (as amended by section 201(b)) is amended by adding at the end the following: (vi) Costs for— (I) activities to review and approve or disapprove an application for an early site permit (as defined in section 52.1 of title 10, Code of Federal Regulations (or a successor regulation)) to demonstrate an advanced nuclear reactor on a Department of Energy site or critical national security infrastructure (as defined in section 327(d) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 ( Public Law 115–232 ; 132 Stat. 1722)) site