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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.

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Chris Wright is Trump’s DOE pick

November 19, 2024, 12:01PMNuclear News

Oil industry executive Chris Wright has been selected by President-elect Donald Trump to serve as the next secretary of energy. Wright is also to serve on Trump’s new Council of National...

Industry experts discuss nuclear’s role in powering data centers, meeting climate goals

November 7, 2024, 9:30AMANS News

As a primer to the American Nuclear Society Winter Conference and Expo, ANS Executive Director/Chief Executive Craig Piercy hosted a panel discussion titled “The State of Nuclear,”...

New meeting, better story

November 4, 2024, 9:31AMNuclear News

As you may have heard, the American Nuclear Society recently entered into a 50/50 joint venture with the Nuclear Energy Institute to host an annual industrywide meeting in late summer, which...

TerraPower plans to invest in South African HALEU laser enrichment technology

October 30, 2024, 3:01PMNuclear News

TerraPower announced today that it has signed a term sheet with ASP Isotopes Inc. as the first step of a planned investment in the construction of a high-assay low-enriched uranium (HALEU)...

Are Civil Nuclear Credits still relevant? DOE is asking nuclear operators for input

October 21, 2024, 12:44PMNuclear News

Interest in new reactor deployments and existing reactor life extensions is surging, encouraged by production and investment tax credits from the Inflation Reduction Act and led by electricity...

DOE names four companies to split $2.7 billion in future HALEU enrichment contracts

October 18, 2024, 9:40AMNuclear News

If we needed more proof that this is a “nuclear week”—in the words of Energy Secretary Jennifer Granholm on Wednesday, as she announced small modular reactor funding while celebrating...

Setting the nuclear theme

October 17, 2024, 7:01AMNuclear News

Twice a year, the ANS president and I work with the general chair of our next national meeting to set the theme of the event.It’s no easy process. Sure, one can be anodyne, picking anything...

Google and Kairos Power partner on 500 MW advanced nuclear project

October 16, 2024, 7:08AMNuclear News

Kairos Power and Google announced over the weekend a new power purchase agreement to provide the tech giant with 500 megawatts of clean energy by 2035.Under the agreement, California-based...

The DOE picks six HALEU deconverters. What have we learned?

October 9, 2024, 3:01PMNuclear News

The Department of Energy announced contracts yesterday for six companies to perform high-assay low-enriched uranium (HALEU) deconversion and to transform enriched uranium hexafluoride (UF6) to...

Kairos to build salt plant and expand its New Mexico manufacturing campus

October 3, 2024, 12:01PMNuclear News

Kairos Power broke ground yesterday on a Salt Production Facility at the company’s newly dedicated Manufacturing Development Campus during an event at a sprawling site in Mesa del Sol, N.M.,...

Congress passes climate bill with tax credits and more for nuclear

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