Legislation to spur clean energy innovation debuts on Capitol Hill

July 30, 2021, 7:00AMNuclear News

Approximately 40 percent of cumulative carbon dioxide emission reductions needed to meet sustainability targets rely on technologies not yet commercially deployed on a mass-market scale, according to last year’s Special Report on Clean Energy Innovation from the International Energy Agency.



Intent on lowering that percentage, both the Senate and House earlier this week introduced bipartisan legislation to rapidly scale up and diversify emerging energy technologies. On July 27, Sens. Mike Crapo (R., Idaho), ranking member of the Senate Finance Committee, and committee member Sheldon Whitehouse (D., R.I.) introduced the Energy Sector Innovation Credit (ESIC) Act, or S. 2475. The credit, according to Crapo’s office, is a technology-inclusive, flexible investment tax credit (ITC) or production tax credit (PTC) designed to promote innovation across a range of clean energy technologies, including generation, energy storage, carbon capture, and hydrogen production.

PJM board okays plan to ease concerns with MOPR ruling

July 14, 2021, 6:59AMNuclear News
Map of the PJM Interconnection territory in dark blue. Image: PJM

PJM Interconnection’s board of managers has approved the grid operator’s proposal to address the Federal Energy Regulatory Commission’s controversial December 2019 minimum offer price rule (MOPR) order affecting PJM’s forward-looking capacity auctions. (PJM operates the largest wholesale competitive electricity market in the country.)

Bill introduced to advance U.S. interests in nuclear energy

June 22, 2021, 11:59AMNuclear News



Reps. Anthony Gonzalez (R., Ohio) and Elaine Luria (D., Va.) last week introduced the Twenty First Century Nuclear Security Act—legislation the sponsors say would “deploy a whole-of-government effort” to gauge the risk to U.S. national security from a growing Russian and Chinese dominance in the global nuclear energy market and to identify opportunities for the United States to reestablish leadership in that arena.

The measure, according to a June 17 joint press release from the lawmakers, would require federal agencies to submit a report to Congress analyzing the importance of civilian nuclear power agreements and opportunities for advancing U.S. national security interests.

Global industry to policymakers: Net zero needs nuclear

May 17, 2021, 12:00PMNuclear News

Achieving global carbon neutrality by 2050—a pledge made by well over 100 countries so far, including Canada, the European Union, Japan, the United Kingdom, and the United States—will require investment in new nuclear capacity and the retention of existing nuclear generation, states an open letter released last Friday by the leaders of six prominent nuclear industry organizations.






Bilbao y Leon

The letter was signed by John Gorman, president and chief executive officer of the Canadian Nuclear Association; Yves Desbazeille, director general of FORATOM; Shiro Arai, president of the Japan Atomic Industrial Forum; Maria Korsnick, president and CEO of the Nuclear Energy Institute; John Greatrex, chief executive of the United Kingdom’s Nuclear Industry Association; and Sama Bilbao y León, director general of the World Nuclear Association.

Groups call for funding boost to DOE energy programs

May 5, 2021, 7:00AMANS Nuclear Cafe

More than 100 organizations, including the American Nuclear Society, have signed a letter to congressional leaders asking for a multi-billion dollar increase in the Department of Energy’s innovation funding to increase American competitiveness. The letter, dated May 4, was conceived by Third Way, a national think tank that champions modern center-left ideas.