Department’s move is in response to requests by two industry trade groups.
The Department of Energy has announced that they are extending the federal funding application time frame for nuclear power plants by 47 days. From now until July 5, nuclear power generators on the brink of retirement can apply to receive a portion of the $6 billion allocated to get them up and running again. This strategy is a key part of the clean energy efforts of President Biden’s administration.
“We received a request to extend the application period, which could keep at-risk reactors online, delivering much-needed clean energy to the grid,” stated Assistant Secretary for Nuclear Energy Kathryn Huff. The extension request was submitted to Secretary Jennifer Granholm by two industry trade groups, Edison Electric Institute and Nuclear Energy Institute.
As the Lord Leads, Pray with Us…
- For the president to seek God’s wisdom regarding U.S. energy policy.
- For Secretary Granholm to be discerning as funding applications are extended for nuclear plants.
- For U.S. energy officials and advisors to be discerning as they assess the energy needs of the country.
Sources: Department of Energy, Reuters