Civil Nuclear Credit Program: Difference between revisions

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(Created page with "{{Program |ProgramName=Civil Nuclear Credit Program |ProgramType=Initiative |OrgSponsor=Grid Deployment Office |CreationLegislation=Bipartisan Infrastructure Law |Purpose=To prevent the premature closure of existing nuclear power plants by providing financial support, thus preserving the nation's clean energy infrastructure and high-quality jobs. It aims to support reactors facing economic challenges while maintaining carbon-free electricity generation.<ref>{{cite web |u...")
 
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|ProgramType=Initiative
|ProgramType=Initiative
|OrgSponsor=Grid Deployment Office
|OrgSponsor=Grid Deployment Office
|TopOrganization=Department of Energy
|CreationLegislation=Bipartisan Infrastructure Law
|CreationLegislation=Bipartisan Infrastructure Law
|Purpose=To prevent the premature closure of existing nuclear power plants by providing financial support, thus preserving the nation's clean energy infrastructure and high-quality jobs. It aims to support reactors facing economic challenges while maintaining carbon-free electricity generation.<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>
|Purpose=To prevent the premature closure of existing nuclear power plants by providing financial support, thus preserving the nation's clean energy infrastructure and high-quality jobs. It aims to support reactors facing economic challenges while maintaining carbon-free electricity generation.<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>
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|InitialFunding=$6 billion<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>
|InitialFunding=$6 billion<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>
|Duration=Until funds are expended or September 30, 2031
|Duration=Until funds are expended or September 30, 2031
|Historic=true
|Historic=Yes
}}
}}
'''Civil Nuclear Credit Program (CNC)''' is designed to prevent the premature closure of existing nuclear power plants by providing financial support, thus preserving the nation's clean energy infrastructure and high-quality jobs. It focuses on supporting reactors facing economic challenges, ensuring continued carbon-free electricity generation for the national grid.<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>
'''Civil Nuclear Credit Program (CNC)''' is designed to prevent the premature closure of existing nuclear power plants by providing financial support, thus preserving the nation's clean energy infrastructure and high-quality jobs. It focuses on supporting reactors facing economic challenges, ensuring continued carbon-free electricity generation for the national grid.<ref>{{cite web |url=https://www.energy.gov/gdo/civil-nuclear-credit-program |title=Civil Nuclear Credit Program |accessdate=January 30, 2025}}</ref>