Nuclear Innovation Alliance releases new reports on advanced nuclear technology

October 14, 2021, 9:30AMANS Nuclear Cafe

The Nuclear Innovation Alliance (NIA) has followed up its report, Advanced Nuclear Technology: A Primer, published last month, with the release of two new reports on the subject—one for policymakers, the other for investors.

For policymakers: According to the NIA, Advanced Nuclear Reactors for State Policymakers, in Brief provides an overview of enabling federal policies and looks at state options to incentivize local development of advanced reactors. In addition, the report features a series of “topical briefs” on the characteristics of advanced reactors with respect to safety, economic benefits, waste remediation, flexibility and dispatchability, and timing and development. The report also contains case studies of state-specific advanced nuclear projects such as the Natrium reactor demonstration project in Wyoming, Energy Northwest’s plans in Washington state, Utah Associated Municipal Power Systems’ consortium for the first light water small modular reactor, and the Nuclear Alternative Project in Puerto Rico.

Nuclear Innovation Alliance publishes report on advanced reactors

September 27, 2021, 12:00PMNuclear News

With the goal of providing basic information on advanced reactors to help the public and stakeholders understand the technology’s promise, the nonprofit think tank Nuclear Innovation Alliance has published Advanced Nuclear Technology: A Primer.

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.

Whitehouse

Crapo

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.

Group calls for NRC licensing fee reform to spur advanced nuclear

May 20, 2021, 2:59PMNuclear News

The Nuclear Innovation Alliance (NIA) yesterday released a report, Unlocking Advanced Nuclear Innovation: The Role of Fee Reform and Public Investment, arguing that a reform of the Nuclear Regulatory Commission’s user-fee model for new license applicants, combined with more funding for advanced reactor licensing and regulatory infrastructure, will unlock innovation and support U.S. leadership in advanced nuclear energy.

The 38-page report asserts that as currently structured, the NRC’s fee model inhibits carbon-free advanced nuclear innovation in two primary ways: First, it limits the agency’s resources, flexibility, and efficiency; and second, the open-ended costs associated with paying fees impose barriers to new entrants.

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.