Although overshadowed by the announcement on denial of a Presidential Permit to build the Keystone XL pipeline (earlier post) on Friday, the Obama administration also on Friday announced and highlighted a number of actions to sustain and advance nuclear energy in the US.
In 2014 nuclear power generated about 60% of carbon-free electricity in the United States and continues to play a major role in efforts to reduce carbon emissions from the power sector. According to the Administration, the continued development of new and advanced nuclear technologies along with support for currently operating nuclear power plants is an important component of the country’s clean energy strategy.
The President’s FY 2016 Budget includes more than $900 million for the Department of Energy (DOE) to support the US civilian nuclear energy sector by leading federal research, development, and demonstration efforts in nuclear energy technologies, ranging from power generation, safety, hybrid energy systems, and security technologies, among others. DOE also supports the deployment of these technologies with $12.5 billion in remaining loan guarantee authority for advanced nuclear projects through Title 17.
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