Department of Energy Extends Application Deadline For Civilian Nuclear Credit Program
May 21, 2022
by APPA News
May 21, 2022
The U.S. Department of Energy (DOE) on May 18 extended the deadline for applications and sealed bid submissions under the $6 billion Civil Nuclear Credit (CNC) Program that is aimed at supporting the continued operation of U.S. nuclear reactors.
Owners or operators of nuclear reactors most at risk of premature closure due to economic hardship have 47 more days from May 18 to submit applications for certification and sealed bids for credits. The deadline for the first CNC award cycle is now 11:59 p.m. Mountain Time on July 5, 2022.
The first CNC award cycle is open to owners or operators of U.S. nuclear reactors that have already announced publicly their reactor is projected to close prior to September 30, 2026, due to economic factors. This ensures that the first award cycle is available to the reactors most at risk of imminent closure, DOE said. DOE published guidance on how to apply in April 2022.
DOE is simultaneously developing guidance for the second award cycle under the CNC program, which will be open to more reactors. The next opportunity to apply will be in the first quarter of fiscal year 2023.
Additional information is available here.