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Tag: nuclear subsidies

Granholm eyes federal assistance for at-risk reactors

May 10, 2021, 12:00PMANS Nuclear Cafe

Granholm

Energy Secretary Jennifer Granholm told lawmakers that she is open to offering federal subsidies to prop up struggling nuclear plants. Granholm spoke during a meeting of the House Appropriations Committee’s Subcommittee on Energy and Water Development, called to discuss the Biden administration’s proposal for the Department of Energy’s fiscal year 2022 budget.

What she said: “The DOE has not historically subsidized plants, but I think this is a moment to consider—and perhaps it is in the American Jobs Plan or somewhere—to make sure that we keep the current fleet active,” Granholm said on May 6, according to E&E News.

Ohio House passes bill to remove state aid to nuclear plants

March 16, 2021, 9:30AMNuclear News

The Ohio House of Representatives has voted to rescind the nuclear subsidy provisions of H.B. 6, the controversial 2019 piece of legislation that has been marinating in scandal since last July. Just one week earlier, a similar measure was passed unanimously in the Ohio Senate.

Approved by a tally of 86-7 on March 10, H.B. 128 strips H.B. 6 of subsidies for Energy Harbor’s Davis-Besse and Perry nuclear plants, as well as a “decoupling” provision that would have been of substantial financial benefit to FirstEnergy Corporation, the former parent company of Energy Harbor. The new bill retains H.B. 6’s subsidies for utility-scale solar projects, however, and for two coal plants (one in Ohio, one in Indiana).

H.B. 128 was sponsored by Reps. James Hoops (R., Dist. 81) and Dick Stein (R., Dist. 57).