Energy

Stand-by Support for Nuclear Plant Delays

This program allows the Department of Energy (DOE) to cover delay costs for new nuclear plant construction up to $2 billion. The Secretary of Energy is authorized to provide contracted standby support for up to six nuclear power plants, providing full coverage (up to $500 million) to the first two licensed reactors and 50% coverage […]

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Small Modular Reactor (SMR) Licensing Technical Support

he Department of Energy (DOE) SMR Licensing Technical Support program uses taxpayer money to commercialize small modular reactors through cost-share agreements with nuclear industry partners in order develop SMR designs to meet Nuclear Regulatory Commission (NRC) certification, licensing and siting requirements. The program is one of at least three ways DOE is supporting the development […]

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Rural Energy for America Program

The Rural Energy for America Program (REAP) was authorized under the 2002 Farm Bill and extended in the 2008 and 2014 farm bills. The program provides loan guarantees and grants for rural small business and agricultural producers to purchase renewable energy systems, energy efficiency improvements, energy audits, and feasibility studies. Renewable energy systems include wind, […]

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Reactor Concepts Research and Development (R&D)

The Department of Energy (DOE) Reactor Concepts Research, Development, and Demonstration (RD&D) program uses taxpayer funding to develop and demonstrate new commercial reactor designs. The program includes research and development of small modular reactors, next generation nuclear plant demonstration projects, light water reactor improvement, and advanced reactor designs. Renamed in fiscal year 2011, the Reactor […]

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Re-Powering Assistance

The Repowering Assistance Program, administered by U.S. Department of Agriculture’s (USDA) Rural Development office, reimburses biorefineries for using biomass sources like wood chips and perennial grasses as a heat and power source instead of fossil fuels. Facilities can receive reimbursements up to 50 percent of the total project cost. Even though there was a historical […]

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Price-Anderson Act

Price-Anderson provides for the process of resolving liability claims in response to an accident at a commercial nuclear power plant. The act creates two tiers of liability coverage. The first tier requires commercial nuclear power plant owners to obtain enough private insurance to cover liability claims up to $375 million. If claims exceed the tier […]

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Passive Loss Limitations Exemption

Passive business activity refers to any activity in which a taxpayer has an economic interest but does not “materially participate.” Normally, taxpayers are allowed to deduct the losses they incur from passive activities (passive losses), but only an amount equal to income generated from the activity. Any excess of passive losses over passive income in […]

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Oil Royalty Relief – Deep Water

Oil and gas companies that drill on public lands or in federal waters pay royalties for the oil and gas they extract. The amount of royalties they pay depends on the amount extracted, the market price for oil and gas, and the royalty rate.Typically, the government sets limits on the amount of oil and gas […]

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