By A.J. Roan
Metal Tech News
Nuclear gets historical tax incentives
Benefits to be felt from all with cheaper and cleaner energy Metal Tech News – September 14, 2022
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Last updated 9/13/2022 at 2:59pm
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The Palo Verde Generating Station is the largest producer of clean energy in the United States. Its three reactors can generate almost 4,000 megawatt-hours of electricity per hour.
The Inflation Reduction Act aims to lower energy bills for U.S. consumers, among many other financial and climate benefits. Nuclear energy is among the benefactors of this landmark legislation.
According to the Office of Nuclear Energy, the law entails a production tax credit to help preserve the existing fleet of nuclear plants.
"This is a huge priority for our office," the federal nuclear off...
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