New CNC draft guidance out as first-round decision nears

October 4, 2022, 12:00PMNuclear News

The Department of Energy released draft guidance for the second award cycle of the $6 billion Civil Nuclear Credit (CNC) Program on September 30, ahead of a decision on which reactors could receive four years of economic aid from the program’s first award cycle.

The DOE’s draft guidance for the second award cycle describes CNC program timelines and all supporting information required for owners or operators of nuclear power plants to apply for certification of eligibility and submit sealed bids. Feedback is requested by 5:00 p.m. EDT on November 4. While no date has been set for the second-round application process to open, the DOE plans to initiate the award cycle before the end of the year.