Leveraging Federal Legislation and Programs to Benefit Nuclear including the Inflation Reduction Act and DOE Loan Guarantee Program – Explaining the Federal Regulations and Opportunities (Part 1)

The federal government has acknowledged the critical role of nuclear in achieving our carbon reduction goals with the Inflation Reduction Act (IRA), the Infrastructure Investment and Jobs Act (IIJA) and the Creating Helpful Incentives to Produce Semiconductors and Science CHIPS Act. These three pieces of other legislation combined with other federal programs have unlocked an unprecedented amount of money available to the nuclear industry through tax credits, federal loan guarantees, and grant programs. This session will serve as Part 1 of a “two-part” joint session between the Cost Reduction Track and the Innovative Roles in Nuclear Track to discuss how tax credits can be utilized to lower project costs and federal funding programs can be leveraged to benefit nuclear. In this session, we will provide clarity on what the tax credits and federal programs can bring to the nuclear industry via providing an understanding of the IRA and its tax credits, stacking IRA benefits, leveraging the DOE Loan Programs, and partnering with our National Labs.

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