EPA recently released a fact sheet on Opportunities for Nuclear Power in the Clean Power Plan. Specifically, new nuclear generation—including new reactors that come on-line and uprates (capacity increases at existing facilities)—can be counted toward meeting state goals. EPA details how states can use allowances in a mass-based plan to incentivize additional nuclear capacity. And in a rate-based plan, new and uprated nuclear may be eligible to receive emission rate credits, a tradable compliance instrument.
Last week also saw an announcement by President Obama of various initiatives intended to sustain and advance nuclear energy.