This brief provides an overview of recent activities intended to overcome barriers to advanced nuclear energy deployment, and discusses additional actions needed to ensure advanced nuclear energy can be a key part of the climate and energy solution. [...] For more information on specific barriers to advanced reactor deployment, and what is needed to overcome them, see NIA’s “Fission Vision” report: doubling-nuclear-energy-production-meet-clean-energy-needs For more information regarding the specific advanced reactor technologies that exist, and the companies that are working on projects to deplo. [...] The NRC’s current regulatory framework has been optimized for the regulation of existing nuclear reactors and presents obstacles to the timely licensing and deployment of advanced nuclear reactors. [...] Provisions in AEAA/ADVANCE: The ADVANCE Act and AEAA currently under consideration by the Senate and the House include important provisions related to international nuclear exports, export license requirements, coordinated international engagement, and transfer of unclassified nuclear technology. [...] However, the proposed guidance outlined in the recent IRS Notice of Proposed Rulemaking risks limiting nuclear energy’s contribution to the clean hydrogen market, contrary to the objectives of the IRA and IIJA clean hydrogen programs, because it prevents existing nuclear reactors from being eligible to receive these tax credits.
Authors
- Pages
- 5
- Published in
- United States of America
Table of Contents
- Overview 1
- Improving Nuclear Energy Licensing and Regulation 1
- NRC Modernization 1
- Update on 10 CFR Part 53 1
- Update on Chair Hanson Nomination 1
- Federal Legislation and Nuclear Fuel Availability 2
- HALEU 2
- Tax Credits 2
- Price-Anderson Act 2
- AEAAADVANCE 2
- Industrial decarbonization 3
- Background 3
- X-energy and Dow Chemical 3
- Xe-100 3
- Industrial Demonstration Program 3
- Industrial Decarbonization Blueprint 3
- Advanced Nuclear Energy Exports 4
- Background 4
- Provisions in AEAAADVANCE 4
- Early Mover Project Risk Sharing 4
- Background 4
- Early Mover Project Completion 4
- For more information on early mover project risk sharing see NIAs new report httpsnuclearinnovationalliance.orgcatalyzing-commitments-advanced-nuclear-energy- projects 5
- Hydrogen Production 5
- Background 5
- Hydrogen Hubs 5
- Tax Credits 5
