DOE to fast-track Civil Nuclear Credit bids from the most at-risk reactors

April 21, 2022, 12:00PMNuclear News
The DOE’s guidance for Civil Nuclear Credit Program applicants opens a window for an owner—present or future—to submit a bid for credits that could keep Palisades, in southwest Michigan, operating past its planned May closure date. (Photo: Entergy)

The Department of Energy has announced the steps that would-be applicants must take to access funds from the $6 billion Civil Nuclear Credit (CNC) Program. Guidance published April 19 invites owners or operators of those plants most at risk of near-term closure to apply during the program’s first award cycle. With shutdown planned next month, Entergy’s Palisades plant would top that list (read on for more on Michigan’s efforts to keep the plant operating), but any reactor with publicly announced plans to close by September 30, 2026, that meets other program criteria could be certified for credits. Successful applicants won’t have to wait long for good news: the DOE plans to announce award decisions as soon as 30 days after the May 19 deadline for submitting certification applications together with sealed bids for credits.

To continue reading, log in or create a free account!

Related Articles

DOE selects TVA and Holtec for SMR awards

December 3, 2025, 3:00PMNuclear News

The Department of Energy has selected the Tennessee Valley Authority and Holtec Government Services to support the early deployments of light water small modular reactors in the United States....

My story: Abraham Weitzberg, ANS member since 1962

November 25, 2025, 9:31AMANS NewsAbraham Weitzberg

My first exposure to nuclear engineering was in 1956–57 when I was a fourth-­year chemical engineering undergraduate at MIT. The previous summer, I worked at an oil refinery in New Jersey...

Crane restart boosted by $1B LPO loan

November 20, 2025, 3:21PMNuclear News

The Department of Energy announced on November 18 that it has closed on a $1 billion loan through its Loan Programs Office to Constellation to aid in financing the restart of the 835-MWe Crane...