Jigar Shah

speaker

684 appearances 3 recordings 3 series first heard Sep 2024 last heard 29 Apr

Jigar Shah’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

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So over time, like the IRA moves us to a technology neutral tax credit so that everything

That is clean gets this technology neutral tax credit.

It's, you know, it's a pretty lucrative tax credit.

It depends on the technology, but let's say three cents a kilowatt hour.

And so now you're in this place where you actually have a bonus production credit.

Now you separately can choose to get an investment tax credit, right?

But it happens to be that the production tax credit is more lucrative for these restarts of nuclear plants.

But if you decide to do the investment tax credit, then you get the 30% tax credit.

Then there's bonus tax credits.

So if it's part of an energy community, you get an extra 10%, right?

If you have a lot of domestic content, you get another 10%, right?

So you could imagine that some of the folks who are building brand new nuclear plants might go that direction.

But as a result of

These incentives, nuclear power is now very cost effective.

Then the question becomes.

Like who actually wants to buy this power?

Right.

Because wholesale market prices have been low.

And so then the question becomes who wants to buy it.

And it happened to be that two different utility groups in Michigan competed over wanting to buy all the output out of the Palisades restart.

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