The U.S. Capitol. Photo: Wikimedia commons.
In a 243–187 vote, the House of Representatives yesterday passed the CHIPS and Science Act of 2022, a $280 billion economic competitiveness package aimed at bolstering U.S. semiconductor manufacturing, as well as scientific research and development, including nuclear energy R&D.
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.
Sen Joe Manchin gives his opening statement at the March 25 hearing.
The Senate Energy and Natural Resources Committee yesterday held a hearing to examine the latest developments in the U.S. nuclear energy sector, with a focus on ways to maintain and expand the use of nuclear in the United States and abroad.
Testifying before the committee were Jeffrey Lyash, president and chief executive officer of the Tennessee Valley Authority (TVA); Chris Levesque, president and CEO of TerraPower, Scott Melbye, president of Uranium Producers of America (UPA); Amy Roma, founding member of the Atlantic Council’s Nuclear Energy and National Security Coalition and a partner with the law firm Hogan Lovells; and J. Clay Sell, CEO of X-energy.