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Investment bill would provide funding options for energy projects
Coons
Moran
The bipartisan Financing Our Futures Act, which expands certain financing tools to all types of energy resources and infrastructure projects, was reintroduced to the U.S. Senate on February 20 by Sens. Jerry Moran (R., Kan.) and Chris Coons (D., Del.).
Via amendment to the Internal Revenue Code, the legislation would allow advanced nuclear energy projects to form as master limited partnerships (MLPs), a tax structure currently available only to traditional energy projects.
An MLP is a business structure that is taxed as a partnership but the ownership interests of which are traded like corporate stock on a market. Until the Internal Revenue Code is amended, MLPs will continue to be available only to investors in energy portfolios for oil, natural gas, coal extraction, and pipeline projects that derive at least 90 percent of their income from these sources. This change would take effect on January 1, 2026.
C. E. Sessions, S. D. Reynolds, Jr., M. A. Hebbar, J. F. Lewis, J. H. Kiefer
Nuclear Technology | Volume 55 | Number 2 | November 1981 | Pages 270-279
Technical Paper | Materials | doi.org/10.13182/NT55-270
Articles are hosted by Taylor and Francis Online.
The progress achieved since 1977 in the important area of materials and processes development of fast reactor steam generator development is summarized. The two distinguishing features of the proposed Westinghouse-Tampa steam generator concept are the convoluted shell expansion joint (CSEJ) and the double-wall tubing with a third fluid leak detection capability. A Cr—1 Mo low alloy steel will be used for all important parts of the generator including the CSEJ and the tubes. Other areas in which progress was made include tube-to-tubesheet (TITS) welding, post-weld heat treatment (PWHT), tube expansion, and development of materials specifications for prototype and future plant materials. The tubing development work was based on the successful completion of a manufacturing feasibility program in 1974. This activity has involved manufacture of 23.47-m (77-ft)-long pre-stressed double-wall tubing (DWT) and testing of the tubing for dimensional tolerance or control interface residual stress, heat transfer, interface wear, and gas flow rates at the DWT interface. Results illustrate the capabilities of the vendors’ tube manufacturing process in achieving the important attributes of a leak detecting, prestressed, double-wall steam generator concept. The CSEJ material selection and design have evolved significantly since 1977. A materials change from Alloy 600 to Cr—1 Mo was recently made. The approach to manufacturing the CSEJ is to machine the convolutes from a large pre-forged ring of remelt Cr—1 Mo steel. Significant welding and PWHT process development progress has been achieved for both accessible and inaccessible T/TS welds. Equipment has been designed and manufactured successfully, and welding parameter development is well under way. Automatic and manual welding guns utilizing the pulsed current technique are described. The approach to PWHT involves induction heating for short times at a relatively high tempering temperature. Temperature control of the induction unit involves a preprogrammed heating cycle and feedback control using infrared sensors or thermocouples.
