NEI defends eligibility of existing nuclear for clean hydrogen tax credits

May 26, 2023, 7:00AMANS Nuclear Cafe

The Nuclear Energy Institute—along with Constellation, Energy Harbor, PSEG, and Vistra—submitted a 19-page letter on May 24 to the Treasury Department and Internal Revenue Service, taking issue with April 10 comments to those agencies from the Clean Air Task Force (CATF) and Natural Resources Defense Council (NRDC) concerning the Inflation Reduction Act’s clean hydrogen production tax credit (Internal Revenue Code sec. 45V). (The Treasury and the IRS released a notice last November requesting public input on the credit’s implementation.)

Granholm talks nuclear and other energy issues with WSJ

May 22, 2023, 9:31AMANS Nuclear Cafe


Secretary of energy Jennifer Granholm recently discussed the future of clean energy with Christopher M. Matthews, the U.S. energy editor for the Wall Street Journal. The May 15 live Q&A focused on Granholm’s perspective on the Biden administration’s policies for decarbonization and energy security. Granholm, who mentioned nuclear briefly at beginning of her remarks, returned to the issue at the end of the half-hour interview. In her answer to Matthews’s question, she addressed nuclear industry incentives, safety and waste concerns, next-generation technologies, and fusion.

Fossil fuels? Matthews opened the discussion by noting President Biden’s signing of the Inflation Reduction Act (IRA) last year, allocating “billions of dollars in tax credits and federal loans to boost green energy, including electric vehicles, hydrogen production, and more.” He added, “At the same time, the administration has called on oil and gas producers to increase drilling to slow inflation and to tamp down energy prices.”

The NASEM report: Laying the foundation for a nuclear-powered, low-carbon grid

May 2, 2023, 12:00PMNuclear News
This slide on the right from the consensus committee’s public briefing identifies 10 core variables that are important to the success of advanced reactor deployments. (Image: NASEM, Laying the Foundation for New and Advanced Nuclear Reactors in the United States)

Richard Meserve, who for more than two years chaired the National Academies of Sciences, Engineering, and Medicine (NASEM) Consensus Committee on Laying the Foundation for New and Advanced Nuclear Reactors in the United States, introduced its 300-page report on April 27 during a public briefing.

U.S. nuclear capacity factors: Credits where due

April 28, 2023, 3:03PMNuclear NewsSusan Gallier

Forty years ago, Nuclear News published an analysis of U.S. nuclear plant operations over the three years that followed the Three Mile Island-2 accident in 1979, scrutinizing capacity factors as a measure of how well a reactor was performing compared to its potential. The purpose: “To call attention to the units that have had the best results, and to explore the question: What have the personnel at these top units been doing right?”

A window opens for the U.S. in global nuclear markets

March 13, 2023, 9:30AMNuclear NewsCraig Piercy

Craig Piercy

I have always enjoyed reading BP’s annual Energy Outlook. It’s usually the first major energy report of the new year, and while it is written by a fossil fuel company, it’s one with well-documented clean energy intentions. So, assuming you dial in the right “bias correction,” it’s a good hot take on macro energy trends.

The 2023 edition essentially confirms what we have all been thinking: The Russia-Ukraine war has caused “persistent effects” in the global energy landscape, which in turn have accelerated the shift to clean technologies.

Nuclear fares well. Its share of energy generation grows in all three of the report’s scenarios. In fact, only nuclear and renewables see growth as a percentage of total world primary energy between now and 2035.

Constellation starts hydrogen production at Nine Mile Point

March 10, 2023, 12:00PMNuclear News
Constellation’s Nine Mile Point nuclear power plant. (Photo: Constellation Energy)

A nuclear-powered hydrogen production facility has commenced operation at Constellation Energy’s Nine Mile Point plant, the company announced this week. The facility is the first of its kind in the United States to generate hydrogen using nuclear power, courtesy of the New York plant’s two boiling water reactors, the 620-MWe Unit 1 and 1,287-MWe Unit 2.

Reflections on a year in D.C.

January 26, 2023, 7:14AMNuclear NewsMatt Marzano

Matt Marzano
2022 ANS Congressional Fellow

Each year, the American Nuclear Society Congressional Fellow enters the halls of the Congress bringing with him or her a unique background and perspective, but also a common interest in shaping policy by drawing on his or her expertise to inform decision makers. For me, crossing that threshold had to wait, as I started my fellowship term amidst a surge in the pandemic. Awaiting the return to in-­person work and drinking from the proverbial firehose in this new role, I quickly realized that effective congressional staffers are those who are able to communicate accurately and concisely, adeptly navigate complex policy issues, and exhibit selflessness and dedication in service of their members’ priorities. As part of the clean air, climate, and energy team for the Senate Committee on the Environment and Public Works, chaired by Sen. Tom Carper (D., Del.), I was fortunate to be surrounded by staffers who demonstrated these qualities and helped smooth a steep learning curve.

Deploy, deploy, deploy: Achieving our climate goals requires nuclear this decade

November 21, 2022, 9:30AMNuclear NewsJigar Shah

Jigar Shah

The Biden-­Harris administration has committed to decarbonizing the power sector by 2035 and the economy by 2050, while creating good jobs and promoting equity. There’s no question that the lowest-­cost, most reliable grid of the future will require clean, firm baseload power to support intermittent renewable energy.

Nuclear is such a reliable source of firm, flexible baseload power for the grid. Energy mix optimization models show that as penetration of renewables (such as solar and wind) grows, required energy storage capacity also grows, leading to increasing cost competitiveness of dispatchable carbon-­free power sources (including low-­impact hydro, geothermal energy, carbon capture and storage, zero-­carbon fuels like hydrogen, and nuclear). Nuclear power is an essential component of America’s transition to a clean electric grid to maintain reliability, resiliency, and affordability.

Fusion is prioritized in net-zero R&D initiative and IRA funds, but fission factors in too

November 10, 2022, 3:00PMNuclear News
The U.S. ITER Project Office in Oak Ridge, Tenn. U.S. ITER has received $256 million in Inflation Reduction Act funding. (Photo: U.S. ITER)

Just days before COP27 and the U.S. midterm elections, the White House announced $1.55 billion in Inflation Reduction Act (IRA) funding for national laboratories and the launch of a Net-Zero Game Changers Initiative based on a new report, U.S. Innovation to Meet 2050 Climate Goals. Out of 37 research and development opportunities identified, fusion energy was selected as one of just five near-term priorities for the new cross-agency initiative. Together, the announcements signal policy and infrastructure support for fusion energy—the biggest chunk of Department of Energy Office of Science (DOE-SC) IRA funding went to ITER, via Oak Ridge National Laboratory—and for advanced nuclear technologies to power the grid and provide process heat to hard-to-decarbonize industrial sectors.

Constellation planning license renewals for Clinton, Dresden

November 2, 2022, 9:33AMNuclear News
Constellation Energy's Clinton nuclear power plant. (Photo: NRC)

Constellation Energy, owner and operator of the nation’s largest reactor fleet, will ask the Nuclear Regulatory Commission to extend the operating licenses of the Clinton and Dresden reactors by 20 years, the company announced Monday, adding that it expects to file license applications with the agency in 2024.

White House would send the DOE $1.5 billion to set up reliable LEU/HALEU supply

September 8, 2022, 3:06PMNuclear News
HALEU in the form of 1.5–3 kg reguli ready for fuel fabrication. (Photo: INL)

Those who welcomed the $700 million earmarked for high-assay low-enriched uranium (HALEU) supply in the Inflation Reduction Act of 2022 (IRA) in August have cause to celebrate again. The White House sent a supplemental appropriation request to Congress on September 2 that would provide more than double the IRA funds if passed—$1.5 billion—for the Department of Energy’s Office of Nuclear Energy to build a reliable supply of both low-enriched uranium for existing U.S. nuclear power plants and HALEU for the advanced reactors that will be built within the decade.

The IRA: Crediting nuclear energy

September 7, 2022, 3:03PMNuclear News

While the Inflation Reduction Act of 2022 (IRA), recently signed into law, has created a good deal of buzz in the nuclear community, the thought of wading through its 730 pages of legislative language can be a bit intimidating. Which is why, on August 26, the American Nuclear Society offered an hour-long, members-only webinar on the legislation and its key provisions for nuclear energy.

Moderated by John Starkey, ANS’s director of public policy, “Inflation Reduction Act: What’s in It for Nuclear” featured Benton Arnett, director of markets and policy for the Nuclear Energy Institute; Josh Siegel, energy and climate change reporter for Politico; Rory Stanley, staff member of the Senate’s Energy and Natural Resources Committee; Elina Teplinsky, partner at Pillsbury Winthrop Shaw Pittman; and James Wickett, partner at Hogan Lovells. (ANS members can view the full webinar here.)

“We’re Gonna Need a Bigger Boat”

September 7, 2022, 7:01AMNuclear NewsCraig Piercy

Craig Piercy

Everyone knows the iconic scene in the classic 1975 movie Jaws when Chief Brody, played by Roy Scheider, is chumming the waters off the coast of Cape Cod and finds himself face-to-face with a 25-foot great white shark for the first time. As you will remember, the scene cuts to Brody shuffling into the boat’s cabin, turning to Quint—the salty captain played by Robert Shaw—and saying rather dryly, “You’re gonna need a bigger boat.”

That image, of someone confronting the true scope of their challenge, is the thing that kept creeping into my mind as I walked the expo floor of the 2022 Utility Working Conference held on Marco Island, Fla., last month.

Yes, the excitement was palpable. The Inflation Reduction Act was cruising toward enactment with $30–40 billion in new nuclear-eligible clean energy tax incentives in its berth. Dow had just announced its intention to partner with X-energy to site a high-temperature gas reactor at one of its Gulf Coast manufacturing facilities.

Congress passes climate bill with tax credits and more for nuclear

August 15, 2022, 9:30AMNuclear News

After hours of debate alternating between Democratic praise for the Inflation Reduction Act (IRA) and Republican denunciation of it, the House of Representatives late Friday passed the sweeping energy, tax, and health care package in a straight party-line vote, 220–207. Its passage represents a significant win for President Biden, who is expected to sign the bill into law this week.

The boldly named $430 billion measure includes $369 billion in energy security and climate spending, with nuclear energy included among the beneficiaries.

American Nuclear Society welcomes House passage of clean energy provisions in the Inflation Reduction Act

August 12, 2022, 7:25PMPress Releases

LA GRANGE PARK, Ill. – The American Nuclear Society (ANS) President Steven Arndt and ANS CEO and Executive Director Craig Piercy issued the following statement on the Inflation Reduction Act of 2022: