Biden dedicates $1.2 billion in new funds to aging and closed nuclear plants

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Biden dedicates $1.2 billion in new funds to aging and closed nuclear plants
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.ENERGY announced $1.2 billion in aid to help extend the life of distressed or aging nuclear power plants. 'Preserving the domestic nuclear fleet is critical to reaching America’s clean energy future,' said SecGranholm.

"Preserving the domestic nuclear fleet is critical to reaching America’s clean energy future," said Energy Secretary Jennifer Granholm.

The Biden administration has acknowledged nuclear power plants are key to helping deliver on its goal of reaching 100% zero-emissions status by the year 2035, despite opposition from many environmentalists. Critically, the new funds could support the reopening of the Palisades Nuclear Generating Station, the Michigan-based plant operated by Holtec International that was shuttered permanently last May.

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