The Civil Nuclear Credit Program: An overview

June 2, 2023, 3:07PMNuclear NewsMichael McQueen

Officially established on November 15, 2021, with the signing of the $1.2 trillion Infrastructure Investment and Jobs Act—aka the Bipartisan Infrastructure Law, or BIL—the Department of Energy’s Civil Nuclear Credit Program was designed to give owners/operators of commercial U.S. reactors the opportunity to apply for certification and competitively bid on credits to help support the continued operation of economically troubled units. Finally, the federal government, and not just certain farsighted state governments, would recognize nuclear energy for its important grid reliability and decarbonization attributes.

The Hill article: The nuclear industry is stifled

October 6, 2022, 7:04AMANS Nuclear Cafe

Cavanaugh

In an opinion piece published by The Hill, Tim Cavanaugh blasts the federal government for “quick-fix” and “half-hearted” efforts to retain existing nuclear power plants.

Cavanaugh, senior editor at the Mackinac Center for Public Policy, adds that the U.S. nuclear energy industry is stifled by outmoded policies and suggests a number of policy changes to allow it to flourish and to “end a regulatory model that has starved the nuclear industry nearly to extinction.”

Renewable failures: Cavanaugh’s first suggestion is to acknowledge the failure of renewable energy sources like wind and solar, which “produce too little energy and are too unreliable to make a dent in our heat and electricity needs, even though taxpayers have spent billions of dollars on green pork.”