Published 04/19/2022 9:11:49 p.m.

Biden launches $6B effort to save distressed nuclear plants

Summary by Ground News

The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing. A dozen U.S. reactors closed in the past decade before their licenses expired. The first round of awards will prioritize reactors that have already announced plans to close. It's the largest federal investment in saving financially distressed nuclear reactors.

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The Independent

Biden launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change

04/19/2022 8:41:08 p.m.·London, United Kingdom

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Reuters

Biden administration launches $6 bln nuclear power credit program

The Biden administration on Tuesday opened applications for a $6 billion program to help nuclear power plants struggling with rising costs as it seeks to stop the generators from shutting down under its goal of transitioning to clean energy.

04/20/2022 1:00:08 a.m.·United Kingdom

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Associated Press News

Biden launches $6B effort to save distressed nuclear plants

The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change.

04/19/2022 8:41:08 p.m.·United States

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abc News

Biden launches $6B effort to save distressed nuclear plants

04/19/2022 8:53:28 p.m.·United States

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KRDO

Biden launches $6B effort to save distressed nuclear plants

By JENNIFER McDERMOTT and MATTHEW DALY Associated PressWASHINGTON (AP) — The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operator…

04/19/2022 8:41:08 p.m.·Colorado Springs, United States

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