ANS Public Policy Engagement

This year, the U.S. nuclear industry received a much-needed economic boost that could help preserve operating nuclear power plants and incentivize upgrades that extend their lifespan and power output.

Signed into law in 2022, the Inflation Reduction Act offers production tax credits (PTCs) for existing nuclear power plants and either PTCs or investment tax credits (ITCs) for new carbon-free generation. These credits could make power uprates—increasing the maximum power level at which a commercial plant may operate—a much more appealing option for utilities.

It may seem counterintuitive, but the best time to enhance the ability to support operations and maintenance for a new plant is before construction starts. This is one of many lessons learned by the currently operating nuclear fleet. As construction and startup of many nuclear facilities was completed, it quickly became evident that the ability to efficiently support operations and maintenance was limited. Most of the information necessary to establish and manage procurement of spare and replacement items, maintenance, and configuration of the facilities was unavailable and had to be gathered on a case-by-case, “on-demand” basis. Absence of necessary information and the associated challenges resulted in the need for staff augmentation and multiyear-long projects to develop equipment bills of material and maintenance programs and to perform technical evaluations for the huge quantities of spare and replacement items being requested.