energy

Washington — Today, Consumer Energy Alliance, the leading energy and environmental advocate for families and businesses, applauded the U.S. Department of Energy for announcing a $6 billion effort to help financially distressed owners or operators of nuclear power reactors. Michael Zehr, CEA’s federal policy advisor, released the following statement in response:

“Today’s action is a positive step forward to support American investment in nuclear energy as a reliable source of low carbon power. By committing to support DOE’s civil nuclear credit program to assist financially distressed owners or operators of nuclear power reactors, the Administration is helping to highlight market interest in nuclear investment and supporting innovative technologies that will help to ensure our baseload power needs will continue to be met, all while supporting our transition to a lower emissions energy future.”

“As the U.S. continues to deliver the largest emissions reductions in the world year after year, we are encouraged by today’s actions as nuclear remains a vital bedrock of consistent, reliable, stable energy that continues to protect Americans against electricity price fluctuations and our largest source of emissions-free power. We look forward to working with DOE and our policymakers to ensure a diverse and abundant energy mix is available to keep energy affordable for all American consumers.”