IRA’s Clean Electricity Tax Credits (Sections 48E and 45Y) are an under-appreciated boon for new nuclear power

IRA’s Clean Electricity Tax Credits (Sections 48E and 45Y) are an under-appreciated boon for new nuclear power

The Inflation Reduction Act (IRA) should make an important contribution towards mitigating future inflationary periods. It accomplishes this beneficial goal by providing important support for facilities that increase US clean electricity production. The key sections of the Inflation Reduction Act are new IRS code sections 45Y and 48E. Respectively, these are called the Clean Electricity…