The nuclear outlook on the Big Beautiful Bill
While President Trump’s One Big Beautiful Bill Act targeted the previous administration’s Inflation Reduction Act (IRA) support for emission-less energy projects, solar and wind have faced the biggest hits while nuclear, hydrothermal and geothermal have remained unaffected by acceleration of federal tax credits impacting those technologies. Nuclear energy actually received more support from the current administration’s shot at curbing the IRA by creating a new tax credit, making it the most favored renewable energy technology. The nuclear sector is particularly happy to have its federal tax credit timeline preserved, allowing the industry to continue taking advantage of federal support as anticipated.
