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.

Bill to spur clean energy investment brought back in Senate

April 12, 2021, 12:00PMNuclear News

Moran

Coons

Sens. Chris Coons (D., Del.) and Jerry Moran (R., Kan.) late last month reintroduced legislation to give investors in clean energy projects, including advanced nuclear, access to a tax advantage currently available only to fossil fuel investors. The bipartisan bill, the Financing Our Energy Future Act (H.B. 1034), was initially introduced in June 2019.

The measure would enable clean energy companies to form master limited partnerships (MLPs)—business ventures that combine the tax benefits of private partnerships (where profits are taxed only when investors receive distributions) with the liquidity of publicly traded companies. By statute, MLPs are currently available only to investors in energy portfolios for oil, natural gas, coal extraction, and pipeline projects.

Strategy for U.S. leadership in advanced nuclear released

March 2, 2021, 6:59AMNuclear News

The Nuclear Innovation Alliance (NIA) and the Partnership for Global Security (PGS) have released a joint report laying out a comprehensive strategy for U.S. leadership in the commercialization of next-generation nuclear power.

The 34-page report, U.S. Advanced Nuclear Energy Strategy for Domestic Prosperity, Climate Protection, National Security, and Global Leadership, says that collaboration between government, industry, civil society, and other nations can bring advanced reactors to market to reduce global emissions, provide domestic jobs, and support national security.

The report was released with a 58-minute webinar available on YouTube.