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Tag: ira

Fusion is prioritized in net-zero R&D initiative and IRA funds, but fission factors in too

November 10, 2022, 3:00PMNuclear News
The U.S. ITER Project Office in Oak Ridge, Tenn. U.S. ITER has received $256 million in Inflation Reduction Act funding. (Photo: U.S. ITER)

Just days before COP27 and the U.S. midterm elections, the White House announced $1.55 billion in Inflation Reduction Act (IRA) funding for national laboratories and the launch of a Net-Zero Game Changers Initiative based on a new report, U.S. Innovation to Meet 2050 Climate Goals. Out of 37 research and development opportunities identified, fusion energy was selected as one of just five near-term priorities for the new cross-agency initiative. Together, the announcements signal policy and infrastructure support for fusion energy—the biggest chunk of Department of Energy Office of Science (DOE-SC) IRA funding went to ITER, via Oak Ridge National Laboratory—and for advanced nuclear technologies to power the grid and provide process heat to hard-to-decarbonize industrial sectors.

Coal-to-nuclear conversion: Opportunities and challenges

November 10, 2022, 12:00PMNuclear News
ANS's “Powering Our Future: The Coal to Nuclear Opportunity” panel discussion featured (top left, clockwise) Jessica Lovering, Patrick Burke, Kenya Stump, Andrew Griffith, Christine King, and Carol Lane. (ANS screenshot)

Since at least June of last year—when TerraPower and PacifiCorp announced plans to site the Natrium reactor demonstration project at one of Wyoming’s retiring coal plants—the concept of repurposing those plants to host nuclear reactors has been a popular topic of conversation among the energy cognoscenti.

INL infrastructure improvements to support advanced nuclear R&D

October 28, 2022, 9:30AMNuclear News
INL’s Materials and Fuels Complex. (Photo: INL)

The Department of Energy announced $150 million in Inflation Reduction Act funding on October 25 for infrastructure improvements at Idaho National Laboratory. According to the DOE, the funding will support nearly a dozen projects at INL’s Advanced Test Reactor (ATR) and Materials Fuels Complex (MFC), both of which have operated for more than 50 years. The investments in existing infrastructure assets mean support for nuclear energy research and development, including fuel testing, bolstering the near-term supply of high-assay low-enriched uranium (HALEU), and reactor demonstrations.

What’s in it for nuclear?

August 24, 2022, 7:00AMANS News

The American Nuclear Society is offering the hour-long members-only webinar “Inflation Reduction Act: What's in it for nuclear?” on Friday, August 26, starting at 1:00 p.m. EDT.

What it’s about: With the Inflation Reduction Act (IRA) now signed into law, an expert panel will discuss its impact on nuclear in the coming years. The panelists will explore what it will mean for existing nuclear power plants, the deployment of advanced reactors, the production of high-assay low-enriched uranium (HALEU), hydrogen, and more.

Register now for the webinar.