The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals.
The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of financial aid included in the $6 billion Civil Nuclear Credit Program that was created by the Bipartisan Infrastructure Law passed by Congress in 2021.
