Move follows appeal by owner of California’s Diablo Canyon Two reactors at Diablo Canyon are scheduled to shut down in 2024 and 2025. The US Department of Energy is extending the application deadline for a second time for a $6bn programme aimed at keeping power plants open by two months, it announced, days after California's biggest power utility asked for more time.

Power utility PG&E Corp asked the DOE for a 75-day extension to the civil nuclear credit (CNC) programme deadline to apply for federal funds that could keep its Diablo Canyon nuclear power station in California open. Two reactors at Diablo Canyon are scheduled to shut down in 2024 and 2025.

The DOE also amended the CNC programme’s guidance, revising the eligibility criteria that nuclear reactors “not recover more than 50 percent of its costs from cost-of-service regulation or regulated contracts”, which could affect the eligibility of reactors applying in the first round of funds awarded, a press release said, without elaborating.

• United States
• United States Department of Energy
• Joe Biden
• Infrastructure Investment and Jobs Act

Source: Nucnet

Date: Tuesday, 05 July 2022

Original article: nucnet.org/news/doe-announces-second-extension-for-usd6-billion-nuclear-credit-programme-7-1-2022

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