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While nuclear energy is currently being championed for its low-carbon electricity generation and energy security, the construction of facilities to provide such energy is no easy feat. From regulatory hurdles to technical complexities, navigating the construction phase of nuclear power plants demands careful consideration and proactive risk management. The average nuclear power plant (“NPP”) has a construction cost overrun of 102.5% and projects that commenced construction between 2010 and 2020 were delivered an average of three years late.
On August 15, 2025, the Department of Treasury and the Internal Revenue Service (“IRS”) released guidance for wind and solar facilities under Sections 45Y and 48E (the “Tech-Neutral Tax Credits”) in the form of IRS Notice 2025-42 (the “Notice”).
V&E Renewable Energy Update
The White House recently unveiled “America’s AI Action Plan,” a comprehensive strategy designed to secure United States leadership in the global artificial intelligence race.
V&E Artificial Intelligence Update
On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1 119th Congress) (“OBBBA”) into law.
V&E Renewable Energy Update
In the afternoon of June 16, 2025, the Senate Finance Committee (“SFC”) released its proposed legislative text of the tax title for the “One Big Beautiful Bill,” H.R. Con. Res. 14, 119th Cong. (2025) (the “Reconciliation Bill”).
V&E Renewable Energy Update
V&E Governance & Sustainability Update
After an intense 21-hour House Rules Committee markup, early in the morning of May 22, 2025, the House passed H.R. Con. Res. 14, 119th Cong. (2025) (the “Reconciliation Bill”), which makes significant revisions to the Inflation Reduction Act (the “IRA”) provisions.
V&E Renewable Energy Update
Early this morning, the House Ways and Means Committee (the “Ways and Means Committee”) approved its recently proposed markup of H.R. Con. Res. 14, 119th Cong. (2025) (the “Reconciliation Bill”).
V&E Renewable Energy Update
The recent tariffs imposed by the Trump administration mark a significant shift in U.S. trade policy that is expected to have a wide-ranging impact across multiple sectors, including in the energy sector.
V&E Energy Update | Published in Energy Intelligence
This article published by New Civil Engineer and authored by Chris Taufatofua, Scott Stiegler, Lauren-Emma Parrott, and Iona Gilby explores the surge in demand for data centre capacity across Europe, driven by the rise of generative AI.
Published by New Civil Engineer
On April 8 and 9, 2025, President Donald Trump issued five Presidential Actions (four Executive Orders and one Proclamation, collectively “Presidential Actions”) for the purposes of ensuring adequate and reliable energy generation, meeting growing energy demand, and addressing the national energy emergency declared on January 20, 2025 (EO 14156).
V&E Energy Update