Nuclear Matters applauds Congress’s inclusion of tax provisions that will incentivize the advancement of nuclear energy in the United States. The Bipartisan Budget Act of 2018, which was passed early this morning, will help support and spur future vital baseload and carbon-free energy contributions of nuclear power.
The tax extensions included in the bill will aid in the completion of the Vogtle Electric Generating Plant in Georgia and support the development of advanced nuclear technologies like NuScale Power LLC’s small modular reactor design in Utah. This is a step in the right direction to properly value the benefits of nuclear energy and ensure this resilient, reliable, and clean energy source continues for years to come.