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.)

NYISO issues 2021 power trends report

May 6, 2021, 10:02AMANS Nuclear Cafe
The above figure provides NYISO's projected mix of resource capacity expected to be available for the 2021 Summer Capability Period. The figure below shows the vast difference in 2020 between clean energy provided to upstate New York and to downstate New York. With the recent closure of Indian Point-3, the difference will widen for downstate New York in 2021.

NYISO released its 2021 power trends report for the state of New York. As noted by many in the energy community prior to the closure of Indian Point nuclear power plant's Unit 2 and Unit 3 in 2020 and 2021, respectively, the projected mix of resource capacity expected for downstate New York's energy generation will be heavily reliant on fossil fuels.