U.S. extends application deadline for nuclear power rescue program

div classBodysc17zpet90 cdBBJodivpWASHINGTON Reuters – The U.S. Department of Energy said on Wednesday it has extended a deadline by 47 days, to July 5, for nuclear power plants to apply for federal funding to keep them running. p

pThe first stage of the program is aimed at saving two plants, one in California and one in Michigan. The Biden administration wants to keep nuclear generators online because the industry generates more than half the countrys carbonfree electricity.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pThe DOE statement came two days after two industry trade groups, Edison Electric Institute and Nuclear Energy Institute, sent a letter to Energy Secretary Jennifer Granholm requesting the extension on behalf of their members.p

p“We received a request to extend the application period, which could keep atrisk reactors online, delivering much needed clean energy to the grid,” DOEs assistant secretary for nuclear energy, Kathryn Huff, said in the statement.p

pUnder the program, which was launched last month, owners of nuclear reactors that are scheduled to retire can apply for a portion of 6 billion in available funding.p

pEntergy Corps Palisades plant in Michigan, which may be eligible for the funding, is due to shut down on May 31. The Diablo Canyon facility in California, owned by PG&E Corp, is scheduled to retire in 2025.p

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pp Reporting by Timothy Gardner editing by Jonathan Oatisp

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