Inflation Reduction Act under risk under second Trump administration

November 15, 2024

The Inflation Reduction Act (IRA) is unlikely to face a full repeal, even if Trump wins the 2024 U.S. election, as this would require Republican control of the presidency and both houses of Congress, which is improbable given the expected slim majorities in Congress. A Trump administration would prioritize extending the 2017 Tax Cuts and […]

Biden administration plans to triple US nuclear energy capacity by 2050

November 13, 2024

The Biden administration’s roadmap to triple U.S. nuclear energy capacity by 2050 involves adding 200 GW through new reactor construction, restarts, and power upgrades. It includes plans for 35 GW of nuclear capacity by 2035, scaling up to 15 GW annually by 2040. The strategy also promotes deploying gigawatt-scale reactors, modular reactors, and microreactors, with […]

Inside the Audacious Plan to Reopen Three Mile Island’s Nuclear Plant

At a small gathering for CEOs last year, OpenAl co-founder Sam Altman made a stunning pronouncement: Future data centers for some artificial intelligence models would require as much power as a large city. Among those taken aback in the group gathered at Microsoft’s headquarters was Joe Dominguez, the chief executive of Constellation Energy, which produces […]