U.S. Is Looking at Ways to Help Nuclear Plants Stay in Business
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The U.S. government sees nuclear power as critical to meeting climate change goals and is looking at ways in which regulators may be able to compensate plants more to keep them running, Energy Secretary Ernest Moniz said.
While the federal government is limited in what it can do to save nuclear reactors struggling to stay in business, it’s working on a study that’ll offer regulators ways they can ensure nuclear generators are paid for their “full valuation of services,” Moniz said Thursday in an interview in San Francisco. The Energy Department also recently held a meeting with nuclear operators and federal, state and local officials to discuss how to help cash-strapped plants.