The Power Generation Assistance Division works with existing generation facilities to ensure resilience and reliability.
Civil Nuclear Credit Program
The Division will oversee $6 billion for the Civilian Nuclear Credit program to prevent premature retirement of existing zero-carbon nuclear plants. The program is available for plants that would otherwise retire and are certified as safe to continue operations and prioritizes plants that use domestically produced fuel. The program will evaluate nuclear reactors projected to cease operations due to economic factors; and allocate credits, to cover operating loss, to certified nuclear reactors that are selected to receive such credits.
The Division will also oversee the investment of more than $700 million in existing hydroelectric facilities to improve efficiency, maintain dam safety, reduce environmental impacts, and ensure generators continue to provide emission-free electricity. The program has extended the applicability of the existing EPAct 2005 Section 242 Hydroelectric Production Incentives to dams and conduits constructed before November 15, 2021, to increase the annual payment amount from $0.75 million to $1 million. For electric energy generated and sold by a qualified hydroelectric facility during the incentive period, BIL also provides nearly $630 million for the Section 243: Hydroelectric Efficiency Improvement Incentives Program and Section 247: Maintaining and Enhancing Hydroelectricity Incentives Program to enable facilities to improve.