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Federal nuclear production tax credits are providing the foundation for the USA's largest producer of carbon-free energy to continue to invest in growth opportunities, Constellation Energy said in its 2023 results announcement and 2024 earnings forecast.

Date: Wednesday, 28 February 2024
Original article: world-nuclear-news.org/Articles/Nuclear-tax-credits-underpin-growth-Constellation

The US Administration has signed the credit award and payment agreement finalising the USD1.1 billion in credit payments awarded under the Civil Nuclear Credit (CNC) programme to help keep the Diablo Canyon nuclear power plant in operation.

Date: Saturday, 20 January 2024
Original article: world-nuclear-news.org/Articles/US-Administration-signs-off-on-federal-funding-for

The White House says its tax credit incentive stands to be the most consequential policy supporting the deployment of clean hydrogen in US history - but stipulations that would make credits available only to the newest clean electricity generating units would exclude most of the US nuclear fleet.

Date: Thursday, 11 January 2024
Original article: world-nuclear-news.org/Articles/US-Administration-sets-out-rules-for-clean-hydroge

US President Joe Biden and Energy Secretary Jennifer Granholm have announced seven regional clean hydrogen hubs that will share USD7 billion in federal funding to accelerate the commercial-scale deployment of low-cost, clean hydrogen. Nuclear energy features in the plans of several of them, including a large nuclear-powered clean hydrogen production facility at Constellation's LaSalle plant in Illinois.

Date: Wednesday, 18 October 2023
Original article: world-nuclear-news.org/Articles/Nuclear-to-be-part-of-US-clean-hydrogen-hubs

The US reaffirmed its support for Indian membership of the Nuclear Suppliers Group (NSG) during the state visit to Washington of Prime Minister Narendra Modi. A long joint statement comprising 58 paragraphs, by Modi and US President Joe Biden covered a wide range of subjects, with nuclear only mentioned in one (para 22). It said: “Prime Minister Modi underscored the important role nuclear energy plays in global decarbonisation efforts and affirmed nuclear energy as a necessary resource to meet our nations’ climate, energy transition, and energy security needs.”

Date: Wednesday, 28 June 2023
Original article: neimagazine.com/news/newsus-reaffirms-support-for-indian-membership-of-nuclear-suppliers-group-10967702