Nuclear Power Deployment Scorecard

Moving Toward Deployment

January 2010
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Supplement

Federal Financial Incentives

Summary: EPAct 2005 incentives are at various stages of development: two rules issued and one notice published.

Standby Support: Rule issued, no contract issued.

• Final Rulemaking Issued August 2006.
• Published Standard Conditional Agreement September 2007.
• DOE released on-line instructions for requesting Conditional Agreement December 2007.
• One Notice of Intent to Request a Conditional Agreement was received in 2008 and a second in February 2009.
• One Notice of Intent received in 2008 has since been withdrawn.

Production Tax Credits: Notice issued.

• Internal Revenue Bulletin 2006-18 published May 2006.
• Treasury/IRS may issue additional guidance on Tax Credits for new nuclear plants; however, a date has not been set.

Nuclear Energy Facility Loan Guarantees: Congress provided DOE with authority to issue $20.5 billion in guaranteed loans.

• DOE issued solicitations for $18.5 billion in loan guarantees for new nuclear power facilities and $2 billion for the "front end" of the nuclear fuel cycle on June 30, 2008.
• DOE has narrowed the power facilities under consideration for loan guarantees to four applicants, with a total of seven reactors.