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May 30, 2024
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DOE Launches $6B Nuke Credit Program
$3B for Battery Supply Chains
PSEG has said it needs additional revenues to receive production tax credits for its Hope Creek and Salem nuclear plants.
PSEG has said it needs additional revenues to receive production tax credits for its Hope Creek and Salem nuclear plants. | Public Service Enterprise Group
The Energy Department outlined a $6 billion program to prevent the early closure of nuclear generators and $3 billion in funding for battery supply chains.
Battery Electric StorageFederal PolicyFERC & FederalGeneration & FuelsNuclear PowerPublic PolicyTransportation Decarbonization