DOE Establishes $6 Billion Civil Nuclear Credit Program02.18/Alert
On February 11, the U.S. Department of Energy (DOE) announced the release of a Notice of Intent (NOI) and Request for Information (RFI) describing and seeking feedback on its plan to implement the Bipartisan Infrastructure Law’s (BIL) $6 billion Civil Nuclear Credit (CNC) Program. The CNC will support the continued operation of U.S. nuclear reactors, the nation’s largest source of clean power, by providing financial support to certified reactors at risk of economic shutdown.
DOE Opens the Door to Major Energy Market Reforms08.25/Alert
In August, the Department of Energy published a much-anticipated study analyzing the market hurdles facing conventional baseload generation, such as coal, nuclear and hydropower. The study sets the stage for a high-stakes debate before the Federal Energy Regulatory Commission.