X-energy Statement on the Passage of the Inflation Reduction Act

X-energy Statement on the Passage of the Inflation Reduction Act

ROCKVILLE, Maryland, August 12, 2022 – X-energy today released the following statement upon the passage of the Inflation Reduction Act in the U.S. House of Representatives.

“Congress has now passed the most significant piece of clean energy legislation in decades, clearing the way for zero-carbon investment and innovation across the country. In addition to supporting new opportunities for deployment across the country, this historic act will promote zero-carbon technologies in every sector of the economy, strengthen energy security through a robust nuclear energy supply chain, and enhance the scale and pace of adoption of critical decarbonization tools like advanced nuclear energy.

“As the developer of one of the first grid-scale advanced reactor plants in North America, X-energy commends the Congress for recognizing the tremendous value that nuclear energy can contribute to achieving our zero-carbon economy. We recognize the important role that pragmatic and focused clean energy policy plays in ensuring long-term commercial success and viability of our industry, and we stand ready to lead the way.”

X-energy earlier released a full statement of support for the Inflation Reduction Act, applauding the efforts of Senator Joe Manchin to achieve passage of this critical legislation.

X-energy is a nuclear energy innovation company focused on the development of next-generation, zero-carbon nuclear energy. Based in Rockville, Maryland, X-energy designs and deploys advanced nuclear reactors and manufactures its proprietary TRISO-X fuel to improve the delivery of safe, affordable energy to people around the world. https://www.x-energy.com

Media Contact
Robert McEntyre, Corporate Communications Director, X-energy
rmcentyre@x-energy.com
(770) 548-5571