DOE to provide $6 billion in credits to keep existing fleet running

February 11, 2022, 11:58AMNuclear News
Beaver Valley in Pennsylvania is one of the U.S. nuclear power plants identified by the Nuclear Decommissioning Collaborative as being at risk of closure. (Photo: NRC)

The Department of Energy’s Office Nuclear Energy has launched a $6 billion program aimed at preserving the existing U.S. fleet of nuclear power reactors. Established under the Bipartisan Infrastructure Law, the Civil Nuclear Credit Program will allow owners and operators of commercial nuclear power reactors at economic risk of shutting down to apply for credits via a sealed bid process.

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