X-energy awarded federal tax credit for TRISO fuel plant


by www.world-nuclear-news.org

www.world-nuclear-news.org— A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind fuel facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.

www.utilitydive.com—Energy Department finalizes rule to phase out fossil fuels in federal buildings. In a push for net-zero emissions from federal facilities by 2045, the new rule mandates a 90% reduction in on-site fossil fuel use by 2029 and complete elimination after 2030.

www.utilitydive.com—$6B in Inflation Reduction Act tax credits for advanced energy projects open this month. The Treasury Department is opening a second round of funding for 48C tax credits aimed at clean manufacturing.

The Independent—Biden administration details how producers of sustainable aviation fuel will get tax credits. The Biden administration is out with new guidelines for tax credits for producers of sustainable aviation fuel