RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2023-03-03 11:50:00

U.S. NUCLEAR INVESTMENT $6 BLN

U.S. NUCLEAR INVESTMENT $6 BLN

U.S. DOE - MARCH 2, 2023 -  WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today released application guidance for the second award cycle of the Civil Nuclear Credit (CNC) Program (BIL provision 40323), a $6 billion investment made possible by President Biden’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear reactors across the country. Nuclear reactors are a reliable and consistent energy resource with stable generation capacity allowing the grid to more effectively integrate electricity from variable energy resources like solar and wind, while providing all Americans access to clean, resilient and affordable electricity, anytime, anywhere. While the first award cycle limited eligibility to owners or operators of nuclear power reactors that had announced intentions to retire within the four-year award period, the second award cycle is open to owners or operators of nuclear reactors that are at risk of closure by the end of the four-year award period, including such reactors that ceased operations after November 15, 2021. As the nation’s largest source of carbon free energy, nuclear energy is critical to meeting the President’s goal of achieving 100% clean electricity by 2035.   

“President Biden’s $6 billion investment in the Civil Nuclear Credit Program made it abundantly clear that preserving the domestic nuclear fleet is critical to reaching America’s clean energy future,” said U.S. Secretary of Energy Jennifer M. Granholm. “Expanding the scope of this Bipartisan Infrastructure Law funding will allow even more nuclear facilities the opportunity to continue operating as economic drivers in local communities that benefit from cheap, clean, and reliable power.”   

Nuclear reactors support energy independence by ensuring the reliable availability of clean, resilient, and affordable power for homes and businesses across the country. However, shifting energy markets and other economic factors have already led to the early closures of 13 commercial nuclear power reactors across the United States in the last decade. Data shows that closing nuclear power plants can lead to an increase in air pollutants and carbon emissions, which results in poorer air quality in surrounding areas and the loss of thousands of clean energy jobs that contribute to building strong local economies. The CNC Program promotes the continued operations of nuclear reactors to ensure the availability of clean electricity that reduces the nation’s reliance on fossil energy and preserves thousands of good-paying clean energy jobs.  

On November 21, 2022, DOE announced the conditional selection of the Diablo Canyon Power Plant, located near Avila Beach, California, to receive the first round of funding from the CNC Program. 

The application guidelines in the guidance released today describe the timelines, deliverables, and supporting information needed to apply for certification and submit sealed bids to receive allocated credits. Applications for the second CNC award cycle must be submitted no later than 11:59 p.m. Mountain Time on May 31, 2023.  

All awards are conditional based on terms to be negotiated and finalized by DOE. 

Learn more about the CNC program, which is administered by DOE’s Grid Deployment Office

 

-----


Earlier:

U.S. NUCLEAR INVESTMENT $6 BLN
2023, February, 17, 10:45:00
U.S. FUSION DEVELOPMENT
The NSTX-U is the flagship fusion facility at the US Department of Energy's PPPL.
U.S. NUCLEAR INVESTMENT $6 BLN
2023, February, 15, 13:45:00
GLOBAL NUCLEAR POWER RISE
Many countries including China and India have developed aggressive nuclear development plans, as have Poland, the Czech Republic, the UK, the Netherlands, and even Ukraine to a lesser extent.
U.S. NUCLEAR INVESTMENT $6 BLN
2023, January, 25, 10:25:00
U.S. ENERGY WILL UP
According to the latest issue of FERC's monthly "Energy Infrastructure Update" (with data through November 30, 2022), "high probability" additions by solar to U.S. generating capacity between December 2022 and November 2025 will total 72,809 megawatts (MW).
U.S. NUCLEAR INVESTMENT $6 BLN
2023, January, 23, 12:20:00
U.S. CLEAN ENERGY PROGRAMS $9 BLN
DOE also released an RFI seeking input on nearly $9 billion for the Home Energy Rebate Program, funded by President Biden’s Inflation Reduction Act that will provide record breaking funding to help Americans cut energy costs in their homes through energy efficiency and electrification of home appliances and equipment.
U.S. NUCLEAR INVESTMENT $6 BLN
2022, November, 23, 10:15:00
U.S. CLEAN NUCLEAR INVESTMENT $6 BLN
As the nation’s largest source of carbon-free power, America’s current fleet of nuclear reactors is a vital resource for achieving the President’s goal of 100% clean electricity by 2035 and a net-zero emissions economy by 2050.
U.S. NUCLEAR INVESTMENT $6 BLN
2022, November, 21, 10:45:00
U.S. ENERGY TRANSMISSION HAVE TO DOUBLE
Historically in the U.S., transmission infrastructure has expanded annually by about 1%. The study explains the country's transmission infrastructure must expand at a pace of 2.3% annually — more than double its current pace.
U.S. NUCLEAR INVESTMENT $6 BLN
2022, November, 1, 16:30:00
U.S. CLEAN ENERGY INVESTMENT $39 MLN
The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements.
All Publications »
Tags: USA, NUCLEAR, INVESTMENT