Clean Power Professionals Group
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Nuclear Plants to Get $6 Billion Lifeline in Infrastructure Deal
"Struggling nuclear power reactors would get a $6 billion lifeline under the bipartisan infrastructure bill heading for a vote in the U.S. Senate -- a move supported by the Biden administration, but opposed by some environmentalists.
A program to evaluate nuclear reactors that are at risk of being shut down and provide them with aid would be created within the Energy Department under terms of the $550 billion, bipartisan infrastructure package.
The proposed aid for nuclear power, which provides about 19% of the nation’s electricity, comes as the industry has undergone a wave of closures. Reactors have high operating costs and are increasingly struggling to compete with cheaper electricity produced using natural gas and renewables."
Great news for electricity customers, for electrification, for electric cars, for the environment. Biden comes through!
Nuclear Plants to Get $6 Billion Lifeline in Infrastructure Deal
• Infrastructure measure calls for credit for aiding plants • Biden backs supporting the struggling industry as carbon-free
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