Pacific Gas and Electric has received a federal credit payment of $271 million from the Department of Energy under the DOE’s Civil Nuclear Credit (CNC) Program, which was set up in 2022 as a $6 billion federal strategic investment to help preserve the existing U.S. nuclear reactor fleet. The Award Cycle 1 funds just disbursed cover extended operations for Diablo Canyon-1, with the DOE noting that Unit 2 will become eligible for a CNC payment after completion of the 2025 award year audit.

The Department of Energy has announced the release of application guidance for the second award cycle of its $6 billion Civil Nuclear Credit (CNC) Program.

Part of the Infrastructure Investment and Jobs Act—the $1.2 trillion bipartisan measure signed by President Biden in November 2021—the CNC Program was established to prevent the premature retirement of economically challenged nuclear power plants in recognition of the crucial role the Biden administration sees nuclear playing in achieving its ambitious decarbonization goals, including 100 percent clean electricity by 2035.

Holtec International is apparently not ready to give up on the Palisades nuclear power plant just yet. Despite having been denied federal funds last month for a possible reopening of the Covert, Mich., facility, the company this week announced its intention to reapply.

Pacific Gas & Electric’s two-unit Diablo Canyon plant—California’s lone operating nuclear power facility—has been deemed eligible for the initial round of funding from the Civil Nuclear Credit (CNC) Program, the Department of Energy announced yesterday.

The decision was welcomed by a nuclear community disappointed by last Friday’s news that the DOE had rejected Holtec International’s CNC application for the recently closed Palisades nuclear plant in Michigan, despite support for the effort from Gov. Gretchen Whitmer.

The Department of Energy yesterday announced that it has amended its Civil Nuclear Credit (CNC) Program guidance for the currently open award cycle and extended the deadline for credit applications from July 5 to September 6. The DOE was instructed to establish the $6 billion program by the Infrastructure Investment and Jobs Act, signed into law by President Biden last November.

The Department of Energy has issued a proposed guidance amendment for its $6 billion Civil Nuclear Credit (CNC) Program in response to a letter last month from California Gov. Gavin Newsom’s administration suggesting “a few minor adjustments” to the program’s guidance to address “the unique circumstances” of the Diablo Canyon nuclear plant. (Previously a supporter of the premature 2025 closure of the Avila Beach, Calif., facility, Newsom told the Los Angeles Times in late April that his office would look into using the CNC Program to keep the plant in operation beyond its scheduled closure date, citing climate change and the threat of power shortages in the state.)