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 demand from tech companies. Last week alone saw Google and Amazon investing in Kairos Power’s fluoride salt–cooled reactor and X-energy’s high-temperature, gas-cooled reactor, respectively. On October 16, the DOE’s Office of Clean Energy Demonstrations issued a solicitation to award $900 million to support the initial domestic deployment of light water–cooled small modular reactor technologies.

Ken Petersen
president@ans.org

There have been significant changes in the outlook for the existing U.S. nuclear fleet in the last few years. In 2021, we were looking at the early closure of units and could not even think of license extension. Since then, the combination of the U.S. government recognizing the clean-air benefits of nuclear and the impact of the war in Ukraine has resulted in a lot of positive activity on Capitol Hill for nuclear.

Several pieces of legislation have been passed in support of nuclear as law- and policymakers have recognized the important role nuclear power can play in achieving the nation’s clean-air goals. New legislation also is supporting reducing reliance on Russia for uranium enrichment by supporting the domestic production of high-assay low-enriched uranium (HALEU).

The Civil Nuclear Credit (CNC) Program, which was part of the 2021 Infrastructure Investment and Jobs Act, included $6 billion to prevent premature retirement of existing zero-carbon nuclear plants. On January 17, the Department of Energy awarded Diablo Canyon $1.1 billion from the CNC Program to support continued operations of the plant.

America’s electric utility workers and nuclear engineers are ready to work together to help rapidly decarbonize and electrify the economy. We welcome provisions in the bipartisan infrastructure bill that aim to prevent premature closures of our nuclear power plants. Through measures such as production tax credits, President Biden can safeguard America’s largest carbon-free energy source by recognizing the clean-air contributions of nuclear energy.