Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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On March 31, 2025, the Center on Global Energy Policy (CGEP) at Columbia University SIPA hosted a private virtual roundtable under the Chatham House rule to discuss the advantages and disadvantages of the United States pursuing disposal of defense high-level nuclear waste (HLW) and spent nuclear fuel (SNF) before commercial SNF.
Nuclear power is being weighed in energy transition plans around the world, as countries seek to replace fossil fuels with low-carbon alternatives while also meeting growing energy demand and maintaining reliability and affordability.
While the United States (US) has facilities that can and do dispose of most low-level nuclear waste (LLW), it does not yet have a viable disposal pathway for two categories of waste: so-called greater-than-class-c (GTCC) nuclear waste, and nuclear waste with characteristics similar to it, or “GTCC-like.”
Deep borehole disposal of high-level radioactive waste has been proposed repeatedly and in multiple countries over the last several decades, but the concept remains unproven in the field.