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.
WASHINGTON -
In addition, safety costs have soared after the 2011 tsunami at Japan's Fukushima plant and after the Sept. 11, 2001, attacks. The industry produces toxic waste, currently stored on site at plants across 28 states. Energy Secretary Jennifer Granholm said the administration is "using every tool available" to get the country powered by clean energy by 2035, a goal of President Joe Biden's, including by prioritizing the existing nuclear power fleet.
PG&E, whose plan to shut its two Diablo Canyon reactors in California in 2024 and 2025 has been approved by the state legislature and regulators, indicated that the nuclear credit program would not change its plan immediately.
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