| From | ClearPath Action <[email protected]> |
| Subject | It’s Happening... US to Build Two New Advanced Nuclear Reactors |
| Date | October 16, 2020 1:38 PM |
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Welcome to your weekly Rundown, for the week ending October 16.
Please let us know of anything we missed at [email protected].
Was this email forwarded to you? Sign up here ([link removed]).
And don’t forget to follow us on Twitter @ClearPathAction ([link removed]).
It’s Happening… US to Build Two New Advanced Nuclear Reactors
The U.S. Department of Energy (DOE) on Tuesday selected TerraPower LLC (Bellevue, WA) and X-energy (Rockville, MD) to receive $80 million each in initial funding to build two advanced nuclear reactors that can be operational within seven years under the new Advanced Reactor Demonstration Program (ARDP). Read DOE’s announcement here ([link removed])
ClearPath Executive Director Rich Powell ([link removed]) and Program Director Niko McMurray ([link removed]) wrote a piece explaining the timeline of the ARDP, why it's important and provided some background on the two companies chosen. Read their blog here ([link removed])
ICYMI: We recently hosted a webinar that featured TerraPower and GE Hitachi’s new reactor design: Natrium. Watch it here ([link removed])
Sen. Murkowski, Rep.Luria Urge NDAA Conferees to Include NELA in Final Conference Report
This week, Senator Lisa Murkowski (R-AK) and Rep. Elaine Luria (D-VA) led 29 of their colleagues in a bipartisan letter ([link removed]) to the Chairmen and Ranking Members of the House and Senate Armed Services Committees, urging them to include the text of the Nuclear Energy Leadership Act (S. 903/H.R. 3306 ([link removed])) in the final Fiscal Year 2021 National Defense Authorization Act (NDAA). The Provisions of this bipartisan bill have been included in the Senate’s NDAA and the House of Representatives’ Clean Economy and Jobs Innovation Act. Read more ([link removed])
Rich's Take
“NELA would serve as the next big nuclear innovation catalyst. It would accelerate the commercialization of next generation nuclear reactors that are designed to have a small footprint, always-on reliability, increased efficiency, and can be even less vulnerable to proliferation than earlier designs. Right now, China and Russia are developing and exporting advanced reactors around the world. If we do not reassert our leadership in this geopolitically important field of nuclear energy now, we risk falling way behind – or losing it. We need NELA on the defense bill to get advanced nuclear energy back on the launch pad.”
Trump Signs Trillion Trees Act
On Tuesday, President Trump signed an Executive Order (EO), bolstering the U.S.’ role in the World Economic Forum’s One Trillion Trees Initiative. The EO created the One Trillion Trees Interagency Council, which will include representatives from 14 federal agencies. Read the Executive Order here ([link removed])
This order also aligns with several of the climate and energy infrastructure solutions unveiled by House Republicans earlier this year. E&C GOP Leader Greg Walden (R-OR) joined House Republican Leader Kevin McCarthy (R-CA) and others in promoting several initiatives, including the Trillion Trees Act led by Rep. Bruce Westerman (R-AR), to reduce carbon emissions, address climate change risks, and foster innovation and job growth. Read E&C Republicans' release here ([link removed])
Also included in the House GOP climate management platform was an extension of the 45Q incentive. WATCH our whiteboard video describing the future benefits 45Q can provide ([link removed]).
Microsoft signs onto carbon capture project
On Wednesday, Microsoft signed a memorandum of understanding with Equinor ASA, Norway's government-owned oil company, to serve as the technology partner for the Northern Lights initiative. Microsoft pitched its involvement as a way to research and develop new carbon capture technologies. This marks the company’s first significant move to fulfill its goal of offsetting more carbon than it emits over the next decade. Read more ([link removed])
U.S. Hydro Industry Teams Up with Conservation Community
On Tuesday, the U.S. hydropower industry and the environmental and conservation community, including American Rivers, World Wildlife Fund and Union of Concerned Scientists, among others, shared an important new agreement, the “Joint Statement of Collaboration on U.S. Hydropower: Climate Solution and Conservation Challenge” (“Joint Statement”). This statement represents a significant initial step in helping to address climate change by both advancing the renewable energy and storage benefits of hydropower and the environmental and economic benefits of healthy rivers. Read the joint statement ([link removed])
Terrestrial Energy USA and Centrus Energy Partner on Fuel Supply for IMSR Generation IV Nuclear Plants
Terrestrial Energy USA and Centrus Energy Corp. have signed a memorandum of understanding to secure fuel supply for a future fleet of Integral Molten Salt Reactor (IMSR) power plants. The two companies will evaluate the logistical, regulatory, and transportation requirements to establish fuel supply, which use standard-assay low-enriched uranium (LEU). Read more ([link removed])
Milken Institute: Renewed Outlook: Sustainability as a Business Model
Next Tuesday, October 13, ClearPath Executive Director Rich Powell ([link removed]) will join the Milken Institute for a discussion on climate change and the subsequent consequences that have led to high-profile energy companies examining their product portfolios and making net-zero commitments.
Brian Sullivan, Anchor and Senior National Correspondent at CNBC will moderate the event which includes:
- Giulia Chierchia, Executive Vice President, Strategy and Sustainability, BP
- Andrew Littlefair, President and CEO, Clean Energy Fuels
- Scott Jacobs, CEO and Co-Founder, Generate Capital
- Rich Powell, Executive Director ClearPath
Watch the panel here ([link removed])
IN CASE YOU MISSED IT
Brady, McCarthy Introduce the Commitment to American GROWTH Act
Last week, House Ways and Means Ranking Member Kevin Brady (R-TX) and House Republican Leader Kevin McCarthy (R-CA) introduced the Commitment to American GROWTH Act (H.R. 11), which among other things, would double the general R&D tax credit from 20 to 40 and the alternative simplified credit from 14 to 28. Read more ([link removed])
A Simpler, Dedicated Pathway for Advanced Nuclear Reactor Licensing
Alex Gilbert ([link removed]), a Project Manager at the Nuclear Innovation Alliance, and ClearPath’s Niko McMurray ([link removed]) wrote a column examining how private sector innovators are currently paving the way for advanced reactors to begin producing clean energy. Due to the differences between these technologies and the existing fleet of large light-water reactors, the Nuclear Regulatory Commission (NRC) is modernizing its review process. A modernized approach will be a gamechanger for future American reactor designs, enabling their deployment to aid in decarbonization.
Read their column here ([link removed])
Strengthening the U.S. Financial System and Expanding Economic Opportunity
Last week, ClearPath Executive Director Rich Powell ([link removed]) testified before the House Select Committee on the Crisis on, “Creating a Climate Resilient America: Strengthening the U.S. Financial System and Expanding Economic Opportunity.”
In his testimony, Rich discussed how to help achieve clean, reliable, affordable and exportable energy in the U.S. including these five topics:
Climate change and its economic risks
Reducing these risks through global emissions mitigation and local adaptation;
The challenges of changing developing countries’ emissions trajectories;
A strategy for America to lead on solving the global climate challenge;
and Opportunities to build on last Congress’ bipartisan clean innovation record.
Check out his testimony here ([link removed])
Event: What does the 2020 Election mean for Clean Energy?
ClearPath is excited to co-host the National Hydropower Association’s Path to Clean Energy Virtual Event, “What does the 2020 Election mean for Clean Energy?” The 2020 elections are right around the corner, with the balance of Congress and the presidency in play. No matter the outcome, we need to consider how the election could shape the evolving U.S. electricity system. The panelists will explore the presidential candidates’ energy policies and discuss which clean energy proposals could advance in a new Congress, depending on the election outcome.
Moderated by Malcolm Woolf, NHA’s President and CEO, the event will include:
- Rich Powell, Executive Director, ClearPath
- Karen Wayland, kW Energy Strategies
- Jim Connaughton, Former White House CEQ Chairman; President and CEO of Nautilus Data Technologies
- Katherine Hamilton, Chair at 38 North Solutions and co-host of Energy Gang podcast
Watch the panel here ([link removed])
THE PATH AHEAD
October 19: Join BERC Law and Graduate BERC at 8:30pm EDT for a discussion of the energy platforms for the upcoming 2020 presidential election. The panel will cover each party’s energy platform as well as energy and resources topics more broadly. ClearPath Managing Policy Director Jeremy Harrell is a panelist. More details and registration information here ([link removed])
October 21 & 22: The Global CCS Institute and U.S. Energy Association, with the support of the Department of Energy's Office of Fossil Energy, will host two days of panels exploring opportunities to deploy CCS projects in Texas.
Registration for Oct. 21 ([link removed])
Registration for Oct. 22 ([link removed])
October 22: The Electric Power Research Institute (EPRI) and Women in Nuclear Washington, D.C. chapter are hosting, “The Nuclear Low-Carbon Conversation” to promote Nuclear Science Week and build awareness of nuclear’s critical role in clean energy and a low-carbon future. More details and registration information here ([link removed])
October 28: The Cleantech Group is hosting a webinar at 11:00am EDT on, “Nuclear Innovation and Deep Decarbonization: Can Innovation Transform the Global Energy System?” More details and registration information here ([link removed])
October 29: The Versatile Test Reactor team is hosting a webinar at 12:00pm EDT on, “Advancing U.S. Nuclear Research and Development – A Briefing and Discussion on the VTR” to share information about the project, research capabilities and next steps as a follow up to the recent announcement by the U.S. Department of Energy that it has approved Critical Decision 1. The panel will focus on U.S. competitiveness, energy, new innovation capabilities, and other drivers. More details and registration information here ([link removed])
MISS A WEEK?
RUNDOWN ARCHIVES ([link removed])
Follow us on Twitter: @JayFaison1 ([link removed]), @powellrich ([link removed]), @ClearPathAction ([link removed])
View this Rundown online
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CLEAN ENERGY. THE CONSERVATIVE WAY.
Copyright © 2019 ClearPath Action, All rights reserved.
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Clearpath, Inc.
611 Maryland Ave NE
Washington, DC 20002
Welcome to your weekly Rundown, for the week ending October 16.
Please let us know of anything we missed at [email protected].
Was this email forwarded to you? Sign up here ([link removed]).
And don’t forget to follow us on Twitter @ClearPathAction ([link removed]).
It’s Happening… US to Build Two New Advanced Nuclear Reactors
The U.S. Department of Energy (DOE) on Tuesday selected TerraPower LLC (Bellevue, WA) and X-energy (Rockville, MD) to receive $80 million each in initial funding to build two advanced nuclear reactors that can be operational within seven years under the new Advanced Reactor Demonstration Program (ARDP). Read DOE’s announcement here ([link removed])
ClearPath Executive Director Rich Powell ([link removed]) and Program Director Niko McMurray ([link removed]) wrote a piece explaining the timeline of the ARDP, why it's important and provided some background on the two companies chosen. Read their blog here ([link removed])
ICYMI: We recently hosted a webinar that featured TerraPower and GE Hitachi’s new reactor design: Natrium. Watch it here ([link removed])
Sen. Murkowski, Rep.Luria Urge NDAA Conferees to Include NELA in Final Conference Report
This week, Senator Lisa Murkowski (R-AK) and Rep. Elaine Luria (D-VA) led 29 of their colleagues in a bipartisan letter ([link removed]) to the Chairmen and Ranking Members of the House and Senate Armed Services Committees, urging them to include the text of the Nuclear Energy Leadership Act (S. 903/H.R. 3306 ([link removed])) in the final Fiscal Year 2021 National Defense Authorization Act (NDAA). The Provisions of this bipartisan bill have been included in the Senate’s NDAA and the House of Representatives’ Clean Economy and Jobs Innovation Act. Read more ([link removed])
Rich's Take
“NELA would serve as the next big nuclear innovation catalyst. It would accelerate the commercialization of next generation nuclear reactors that are designed to have a small footprint, always-on reliability, increased efficiency, and can be even less vulnerable to proliferation than earlier designs. Right now, China and Russia are developing and exporting advanced reactors around the world. If we do not reassert our leadership in this geopolitically important field of nuclear energy now, we risk falling way behind – or losing it. We need NELA on the defense bill to get advanced nuclear energy back on the launch pad.”
Trump Signs Trillion Trees Act
On Tuesday, President Trump signed an Executive Order (EO), bolstering the U.S.’ role in the World Economic Forum’s One Trillion Trees Initiative. The EO created the One Trillion Trees Interagency Council, which will include representatives from 14 federal agencies. Read the Executive Order here ([link removed])
This order also aligns with several of the climate and energy infrastructure solutions unveiled by House Republicans earlier this year. E&C GOP Leader Greg Walden (R-OR) joined House Republican Leader Kevin McCarthy (R-CA) and others in promoting several initiatives, including the Trillion Trees Act led by Rep. Bruce Westerman (R-AR), to reduce carbon emissions, address climate change risks, and foster innovation and job growth. Read E&C Republicans' release here ([link removed])
Also included in the House GOP climate management platform was an extension of the 45Q incentive. WATCH our whiteboard video describing the future benefits 45Q can provide ([link removed]).
Microsoft signs onto carbon capture project
On Wednesday, Microsoft signed a memorandum of understanding with Equinor ASA, Norway's government-owned oil company, to serve as the technology partner for the Northern Lights initiative. Microsoft pitched its involvement as a way to research and develop new carbon capture technologies. This marks the company’s first significant move to fulfill its goal of offsetting more carbon than it emits over the next decade. Read more ([link removed])
U.S. Hydro Industry Teams Up with Conservation Community
On Tuesday, the U.S. hydropower industry and the environmental and conservation community, including American Rivers, World Wildlife Fund and Union of Concerned Scientists, among others, shared an important new agreement, the “Joint Statement of Collaboration on U.S. Hydropower: Climate Solution and Conservation Challenge” (“Joint Statement”). This statement represents a significant initial step in helping to address climate change by both advancing the renewable energy and storage benefits of hydropower and the environmental and economic benefits of healthy rivers. Read the joint statement ([link removed])
Terrestrial Energy USA and Centrus Energy Partner on Fuel Supply for IMSR Generation IV Nuclear Plants
Terrestrial Energy USA and Centrus Energy Corp. have signed a memorandum of understanding to secure fuel supply for a future fleet of Integral Molten Salt Reactor (IMSR) power plants. The two companies will evaluate the logistical, regulatory, and transportation requirements to establish fuel supply, which use standard-assay low-enriched uranium (LEU). Read more ([link removed])
Milken Institute: Renewed Outlook: Sustainability as a Business Model
Next Tuesday, October 13, ClearPath Executive Director Rich Powell ([link removed]) will join the Milken Institute for a discussion on climate change and the subsequent consequences that have led to high-profile energy companies examining their product portfolios and making net-zero commitments.
Brian Sullivan, Anchor and Senior National Correspondent at CNBC will moderate the event which includes:
- Giulia Chierchia, Executive Vice President, Strategy and Sustainability, BP
- Andrew Littlefair, President and CEO, Clean Energy Fuels
- Scott Jacobs, CEO and Co-Founder, Generate Capital
- Rich Powell, Executive Director ClearPath
Watch the panel here ([link removed])
IN CASE YOU MISSED IT
Brady, McCarthy Introduce the Commitment to American GROWTH Act
Last week, House Ways and Means Ranking Member Kevin Brady (R-TX) and House Republican Leader Kevin McCarthy (R-CA) introduced the Commitment to American GROWTH Act (H.R. 11), which among other things, would double the general R&D tax credit from 20 to 40 and the alternative simplified credit from 14 to 28. Read more ([link removed])
A Simpler, Dedicated Pathway for Advanced Nuclear Reactor Licensing
Alex Gilbert ([link removed]), a Project Manager at the Nuclear Innovation Alliance, and ClearPath’s Niko McMurray ([link removed]) wrote a column examining how private sector innovators are currently paving the way for advanced reactors to begin producing clean energy. Due to the differences between these technologies and the existing fleet of large light-water reactors, the Nuclear Regulatory Commission (NRC) is modernizing its review process. A modernized approach will be a gamechanger for future American reactor designs, enabling their deployment to aid in decarbonization.
Read their column here ([link removed])
Strengthening the U.S. Financial System and Expanding Economic Opportunity
Last week, ClearPath Executive Director Rich Powell ([link removed]) testified before the House Select Committee on the Crisis on, “Creating a Climate Resilient America: Strengthening the U.S. Financial System and Expanding Economic Opportunity.”
In his testimony, Rich discussed how to help achieve clean, reliable, affordable and exportable energy in the U.S. including these five topics:
Climate change and its economic risks
Reducing these risks through global emissions mitigation and local adaptation;
The challenges of changing developing countries’ emissions trajectories;
A strategy for America to lead on solving the global climate challenge;
and Opportunities to build on last Congress’ bipartisan clean innovation record.
Check out his testimony here ([link removed])
Event: What does the 2020 Election mean for Clean Energy?
ClearPath is excited to co-host the National Hydropower Association’s Path to Clean Energy Virtual Event, “What does the 2020 Election mean for Clean Energy?” The 2020 elections are right around the corner, with the balance of Congress and the presidency in play. No matter the outcome, we need to consider how the election could shape the evolving U.S. electricity system. The panelists will explore the presidential candidates’ energy policies and discuss which clean energy proposals could advance in a new Congress, depending on the election outcome.
Moderated by Malcolm Woolf, NHA’s President and CEO, the event will include:
- Rich Powell, Executive Director, ClearPath
- Karen Wayland, kW Energy Strategies
- Jim Connaughton, Former White House CEQ Chairman; President and CEO of Nautilus Data Technologies
- Katherine Hamilton, Chair at 38 North Solutions and co-host of Energy Gang podcast
Watch the panel here ([link removed])
THE PATH AHEAD
October 19: Join BERC Law and Graduate BERC at 8:30pm EDT for a discussion of the energy platforms for the upcoming 2020 presidential election. The panel will cover each party’s energy platform as well as energy and resources topics more broadly. ClearPath Managing Policy Director Jeremy Harrell is a panelist. More details and registration information here ([link removed])
October 21 & 22: The Global CCS Institute and U.S. Energy Association, with the support of the Department of Energy's Office of Fossil Energy, will host two days of panels exploring opportunities to deploy CCS projects in Texas.
Registration for Oct. 21 ([link removed])
Registration for Oct. 22 ([link removed])
October 22: The Electric Power Research Institute (EPRI) and Women in Nuclear Washington, D.C. chapter are hosting, “The Nuclear Low-Carbon Conversation” to promote Nuclear Science Week and build awareness of nuclear’s critical role in clean energy and a low-carbon future. More details and registration information here ([link removed])
October 28: The Cleantech Group is hosting a webinar at 11:00am EDT on, “Nuclear Innovation and Deep Decarbonization: Can Innovation Transform the Global Energy System?” More details and registration information here ([link removed])
October 29: The Versatile Test Reactor team is hosting a webinar at 12:00pm EDT on, “Advancing U.S. Nuclear Research and Development – A Briefing and Discussion on the VTR” to share information about the project, research capabilities and next steps as a follow up to the recent announcement by the U.S. Department of Energy that it has approved Critical Decision 1. The panel will focus on U.S. competitiveness, energy, new innovation capabilities, and other drivers. More details and registration information here ([link removed])
MISS A WEEK?
RUNDOWN ARCHIVES ([link removed])
Follow us on Twitter: @JayFaison1 ([link removed]), @powellrich ([link removed]), @ClearPathAction ([link removed])
View this Rundown online
[link removed]
[link removed]
[link removed]
-->
[link removed]
CLEAN ENERGY. THE CONSERVATIVE WAY.
Copyright © 2019 ClearPath Action, All rights reserved.
This email was sent to [email protected]
why did I get this?
*|ABOUT_LIST|*
unsubscribe from this list
[link removed]
[link removed]
update subscription preferences
Clearpath, Inc.
611 Maryland Ave NE
Washington, DC 20002
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