Biden Finally Picks A Side In The Big Clean Energy Fight Dividing Democrats

President Joe Biden visits the Cummins Power Generation Facility, which is installing electrolyzers to make hydrogen fuel, as part of his administration's Investing in America tour in Fridley, Minnesota, on April 3. “The proposed rule flies in the face of Congress’ clear intent to use America’s nuclear energy to produce hydrogen,” Constellation said in a statement emailed to HuffPost. “If finalized, America will surrender hydrogen and deep decarbonization leadership to China and Europe, both of which have policies that smartly utilize their existing nuclear plants to make hydrogen and speed decarbonization.” The administration officials ― who declined to speak on the record ― said Thursday that Energy Department analysis found that about 5% of the existing nuclear fleet is at risk of retiring early, despite all the other incentives for atomic energy that were enacted in other parts of the IRA and in state laws. But that’s going to surprise a lot of folks.” - Ben Serrurier, Fervo Energy Fervo said it was lobbying the Biden administration to write up a rulebook for geothermal companies to use tax credits under the IRA, which would make it easier for the company to show investors it can benefit from the law’s clean energy incentives. But relying entirely on power plants just now going through the lengthy process of lining up investors, picking a location, winning over locals and securing permits ― much less a new technology still unproven at scale like geothermal ― “will make many clean hydrogen projects uneconomic and will create years of delay for the few projects that can move forward in the face of the Administration’s added constraints,” the Nuclear Energy Institute said in a statement.