The landmark nuclear legislation will help drive development, innovation, investment and deployment of advanced nuclear technologies.
The ADVANCE Act takes substantial steps to help expedite the development and deployment...more
The application cycle for Treasury to award this round of credits will soon open, providing applicants an opportunity to receive significant funding for clean energy, industrial decarbonization and critical materials...more
5/6/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Nuclear Power ,
Solar Energy ,
Tax Credits ,
U.S. Treasury ,
Wind Power
When it comes to renewable energy, hydrogen is hailed as a pivotal resource in the zero-carbon game plan. Hydrogen energy is accessible, produces lower greenhouse gas emissions and can use existing gas infrastructure to power...more
3/26/2024
/ Carbon Emissions ,
Clean Energy ,
Energy Projects ,
Energy Sector ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Infrastructure ,
Investment ,
Oil & Gas ,
Popular ,
Renewable Energy ,
Startups ,
Well Drilling
The rules impose standardized disclosure requirements on public companies beginning as early as 2026 (for fiscal year ending 2025, depending on filer status).
Climate-related disclosures, including in financial statement...more
3/15/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Final Rules ,
Financial Statements ,
Greenhouse Gas Emissions ,
Renewable Energy ,
Risk Management ,
Risk Mitigation ,
Securities and Exchange Commission (SEC) ,
Severe Weather ,
Transparency
The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the Internal Revenue Code (IRC). The use of...more
1/2/2024
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Tax Incentives ,
European Commission ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Inflation Reduction Act (IRA) ,
Internal Revenue Code (IRC) ,
Investment Tax Credits ,
IRS ,
Proposed Regulation ,
Renewable Energy ,
Tax Credits ,
U.S. Treasury ,
Zero Emission Credits
The application cycle for the first round of credits will soon open. Treasury’s additional guidance clarifies what types of facilities may qualify for credits, the submission process and the selection criteria for evaluating...more
6/21/2023
/ Clean Energy ,
Department of Energy (DOE) ,
Energy Projects ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Investment ,
IRS ,
New Guidance ,
Nuclear Power ,
Personal Property ,
Popular ,
Risk Management ,
Solar Energy ,
U.S. Treasury ,
Wind Power
The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects.
Canada’s recently introduced 2023 budget includes $17.7 billion CAD...more
Concept papers are due on April 21, 2023, and full applications are due on August 4, 2023.
The Department of Energy will provide up to approximately 65 total awards, with up to $6 billion in total funding, for projects...more
3/14/2023
/ Carbon Capture and Sequestration ,
Clean Fuels Program (CFP) ,
Department of Energy (DOE) ,
Federal Funding ,
Funding Opportunities ,
Greenhouse Gas Emissions ,
Immigration Procedures ,
Inflation Reduction Act (IRA) ,
Manufacturers ,
Renewable Energy ,
Supply Chain
DOE announces opening of the second round awards cycle of the Civil Nuclear Credit Program.
Eligibility for this round is not restricted to applicants who have publicly announced intentions to retire, thus expanding...more
The U.S. Department of Energy issued a final rule regarding procedures for imposing civil penalties for violations of DOE’s 10 CFR Part 810 regulations governing civil nuclear technology export controls.
The language of...more
Consortium membership is free and open to entities involved in any stage of the nuclear fuel cycle.
The HALEU Consortium will bring together stakeholders to work with the DOE and support the availability of HALEU for...more
Canada’s investment tax credits, in part a response to the U.S. Inflation Reduction Act, may offer significant economic benefits to advanced nuclear, other clean energy, and hydrogen projects.
Canada’s recent 2022 Fall...more
Once signed into law, the Inflation Reduction Act of 2022 will make historic investments in clean energy and significant reforms to tax policies.
The Senate passed the Inflation Reduction Act on August 7, 2022, after...more
The Inflation Reduction Act of 2022 would constitute a historic investment in the U.S. clean energy industry.
If passed, the bill would be the biggest and most significant climate and energy bill ever passed by Congress....more
7/29/2022
/ Climate Change ,
Corporate Taxes ,
Department of Energy (DOE) ,
Drug Pricing ,
Energy Sector ,
Investment ,
IRS ,
Medicare ,
Production Tax Credit ,
Proposed Legislation ,
SALT ,
Tax Reform
DOE’s revised Guidance potentially expands eligibility for reactors that derive partial revenues from competitive markets and extends the application deadline to September 6, 2022.
The Department of Energy (DOE) has...more
The U.S. Nuclear Regulatory Committee recently published Regulatory Issue Summary (RIS) 2022-02 requiring licensees to independently verify immigration status for unescorted access authorization.
Licensees with contractor...more
Owners or operators of nuclear reactors that wish to be certified to receive credits under the Civil Nuclear Credit Program should review DOE guidance and plan to submit their applications by July 5, 2022.
The Department...more
The Bipartisan Infrastructure Law previously authorized and appropriated $6 billion for fiscal years 2022 – 2026 to establish the Civil Nuclear Credit (CNC) Program to prevent closures of nuclear power plants. Under the CNC,...more
The Federal Energy Regulatory Commission has reopened the comment period for its natural gas infrastructure policy statements, giving the hydrogen industry a chance to champion policies that could promote hydrogen...more
The U.S. Securities and Exchange Commission issued proposed rule amendments requiring climate disclosures by public companies.
The SEC’s new climate disclosure rule will require all companies to report Scope 1 and Scope 2...more
3/28/2022
/ Climate Change ,
Disclosure Requirements ,
Financial Statements ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Nuclear Power ,
Proposed Amendments ,
Publicly-Traded Companies ,
Renewable Energy ,
Securities and Exchange Commission (SEC) ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD)
The Department of Energy has released two Requests for Information soliciting feedback and recommendations on the $9.5 billion-dollar clean hydrogen programs established by the Infrastructure Investment and Jobs Act.
The...more
The Department of Energy has released a Notice of Intent/Request for Information describing and soliciting feedback on its proposed plan for implementing the Bipartisan Infrastructure Law’s $6 billion Civil Nuclear Credit...more
The DOE Hydrogen Program presented in detail on nine U.S. regional clean hydrogen clusters identified as a result of its summer Request for Information.
The DOE launched a new “H2 Matchmaker” tool to enable clean hydrogen...more
Volatility in the uranium market must be carefully evaluated to fully understand the risks of potential investment.
Short-term financial disruption may be a leading indicator for future growth, but the history of uranium...more
On August 10, 2021, the U.S. Senate passed the Infrastructure Investment and Jobs Act (IIJA) by a bipartisan vote of 69–30. In addition to funding for roads and bridges, the $1.2 trillion infrastructure package establishes a...more