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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

Asian nation recently reversed policy on post-Fukushima reactor phaseout US energy secretary Jennifer Granholm and Japan’s industry minister Yasutoshi Nishimura during talks in Washington. Courtesy Twitter/@SecGranholm. The US and Japan have agreed to strengthen cooperation on developing and constructing next-generation advanced reactors, including small modular reactors, “within each country and third countries”.

Japan’s industry minister Yasutoshi Nishimura and US energy secretary Jennifer Granholm met in Washington to discuss the situation surrounding global energy security, strengthening clean energy cooperation, and the importance of clean energy transitions, including renewable energies and nuclear energy.

They said in a joint statement that in response to the energy impacts of Russia’s war against Ukraine, Japan’s Ministry of Economy, Trade and Industry of Japan and the US Department of Energy discussed the need for diverse and secure supplies of energy, noting support for investment in the US to improve energy security.

The two governments already announced plans in October to work together on helping Ghana introduce SMR technology. They want to make the African nation a regional SMR hub and deploy a Voygr SMR nuclear power plant developed by US-based NuScale.

Date: Thursday, 12 January 2023
Original article: nucnet.org/news/countries-to-strengthen-nuclear-cooperations-including-small-modular-reactors-1-3-2023

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023

Centrus and GLE have welcomed the USD700 million support package to develop high-assay low-enriched uranium (HALEU) included in the US Inflation Reduction Act to develop the infrastructure needed to fuel next generation of nuclear reactors.

Date: Wednesday, 24 August 2022
Original article: world-nuclear-news.org/Articles/Inflation-Reduction-Act-makes-down-payment-on-HALE

Industry says reactors can form ‘backbone of stable electric grid’ With 92 commercial reactor units the US has the largest nuclear power plant fleet in the world. Image courtesy US Presidential Office. US president Joe Biden has signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early.

The $433bn (€427bn) Inflation Reduction Act (IRA) has been welcomed by the US nuclear energy industry as “sending a clear signal that nuclear is essential to the transition toward a carbon-free economy”.

Maria Korsnick, president and chief executive officer of the Washington-based Nuclear Energy Institute, said investment and tax incentives for both large, existing nuclear plants and newer, advanced reactors, as well as Haleu (high-dosage low-enriched uranium) and hydrogen production, set nuclear energy on a level playing field, “ensuring that nuclear can form the backbone of a stable electric grid that also includes large shares of wind and solar”.

Date: Friday, 19 August 2022
Original article: nucnet.org/news/biden-signs-into-law-new-legislation-that-could-help-nuclear-8-4-2022

The US Senate has voted to pass the Inflation Reduction Act. The wide-ranging bill includes support for existing and new nuclear, and according to the White House, marks the largest investment ever in combatting the "existential crisis" of climate change.

Date: Tuesday, 09 August 2022
Original article: world-nuclear-news.org/Articles/US-Senate-passes-single-biggest-climate-investment