Government investing $6 billion to update and upgrade.
President Biden’s administration is launching a $6 billion federal investment effort to save financially distressed nuclear plants across the U.S. It is a major investment coming as the administration looks to deliver on its goals of expanding domestic energy production and reducing carbon emissions.
Over the past ten years, financial constraints have forced the closures of a dozen nuclear facilities before their licenses expired, including power plants in New York, Massachusetts, Nebraska, and Iowa. According to the Department of Energy, the remaining plants are vulnerable.
“U.S. nuclear power plants contribute more than half of our carbon-free electricity, and President Biden is committed to keeping these plants active to reach our clean energy goals,” Secretary of Energy Jennifer Granholm stated.
“We’re using every tool available to get this country powered by clean energy by 2035, and that includes prioritizing our existing nuclear fleet to allow for continued emissions-free electricity generation and economic stability for the communities leading this important work,” the energy secretary added.
As the Lord Leads, Pray with Us…
- For the president to be led by God in determining energy policy.
- For Secretary Granholm to seek the Lord’s direction on implementing energy initiatives.
- For wisdom for U.S. energy officials and advisors as they assess the energy needs of the nation.
Sources: Washington Examiner, Reuters
