Energy Secretary Jennifer Granholm floats federal subsidies for nuclear power plants
Fox News
The Biden administration is floating federal support for the nuclear power industry in a bid to boost carbon-free energy to meet its emissions goals.
The nuclear industry faces rising costs, aging infrastructure, competition from other energy sources, and political opposition. There are plans to close reactors at two nuclear plants in Illinois this year. New York State’s Indian Point shut last month. Only one reactor has come online in the past 20 years. Two new reactors are under construction in Georgia. Yet the US still has more than 90 operational nuclear reactors, accounting for about 20 percent of American electricity generation and more than half the country’s emission’s-free electricity.More Related News