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
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
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
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
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 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 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
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
UK Government begins consultation process on a comprehensive plan to achieve a low-carbon hydrogen economy.
While over 30 countries have announced hydrogen roadmaps, the UK Hydrogen Strategy is unique in that it sets out...more
On 9 August 2021 the UK Maritime and Coastguard Agency published a Consultation on proposed merchant shipping regulations for nuclear ships.
The proposed regulations cover commercial ships with nuclear propulsion systems....more
European Commission issues first Delegated Act in the much-debated Taxonomy, moving forward with a multi-step approach in determining which activities are classified as sustainable. Nuclear energy, natural gas and...more
4/23/2021
/ Construction Industry ,
Energy Sector ,
EU ,
European Commission ,
Greenhouse Gas Emissions ,
Manufacturers ,
Natural Gas ,
New Regulations ,
Nuclear Power ,
Real Estate Development ,
Renewable Energy ,
Sustainability ,
Taxonomy ,
Transportation Industry
EU’s in-house science body determines that nuclear energy is a sustainable technology under the EU’s green finance rules; ruling has positive impact for government and private sector support for nuclear technologies in the EU...more
Summary of the EO -
On January 12, 2021, former President Trump issued an EO on Promoting Small Modular Reactors for National Defense and Space Exploration. The EO directs the Department of Energy (DOE), Department of...more
2/4/2021
/ Aerospace ,
Biden Administration ,
Department of Defense (DOD) ,
Department of Energy (DOE) ,
Energy Sector ,
Executive Orders ,
NASA ,
New Legislation ,
Nuclear Power ,
Technology Sector ,
Trump Administration
On March 13, 2020, Wyoming Governor Mark Gordon signed House Bill 74 (HB 74) into law. After the Governor signed HB 74, it became House Enrolled Act 60....more
On March 10, 2020, the Wyoming legislature passed House Bill 74 (HB 74). If signed into law, HB 74 will allow utilities and other power plant owners to replace retiring coal and natural gas electric generation plants with...more
- DOE will be issuing Demonstration Awards of approximately $80 million to two teams seeking to develop, construct, and demonstrate advanced reactors, as well as two to five Risk Reduction awards worth a total of $30 million...more
Any strategy for the successful deployment of small modular reactors (SMRs) must thoroughly consider the current trends affecting the burgeoning market for SMRs....more
China General Nuclear Power Group (CGN) and three of its affiliates have been added to the Commerce Department’s Entity List.
China General Nuclear Power Group (CGN) and affiliates China General Nuclear Power Corporation...more
On June 22, 2017, a three-judge panel on the Ninth Circuit issued a unanimous decision in Cooper v. Tokyo Electric Power. The case is unique as it is the only claim brought in the United States for damages arising out of the...more
On February 4, 2016, India submitted to the International Atomic Energy Agency (IAEA) its Instrument of Ratification of the Convention on Supplementary Compensation for Nuclear Damage (CSC). Under the applicable rules, the...more