Biden Administration Launches $6 Billion Program to Save Struggling Nuclear Power Plants

Biden Administration Launches $6 Billion Program to Save Struggling Nuclear Power Plants
The Three Mile Island Nuclear Plant is seen in Middletown, Pa., on March 28, 2011. Jeff Fusco/Getty Images
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A billion-dollar program was launched on Tuesday aimed at helping struggling nuclear power plants to continue operating amid rising costs, the U.S. Department of Energy (DOE) announced.

The $6 billion Civil Nuclear Credit Program will provide relief to owners or operators of nuclear power reactors that are expected to shut down due to economic circumstances, thus avoiding premature closure.

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