DOE prepares up to $4.2 billion conditional financing for Vistra nuclear uprates
The conditional commitment would support upgrades at Beaver Valley, Davis-Besse and Perry, adding 433 megawatts.
At a glance
The US Department of Energy is preparing up to $4.2 billion in conditional financing for nuclear uprates at Beaver Valley, Davis-Besse and Perry.
The three Vistra plants in PJM are expected to add 433 megawatts of carbon-free capacity.
The financing would run through the DOE loans program and support output increases at existing reactors rather than new construction.
The US Department of Energy is preparing up to $4.2 billion in conditional financing for nuclear uprates at Beaver Valley, Davis-Besse and Perry.
The three Vistra plants in PJM are expected to add 433 megawatts of carbon-free capacity.
The financing would run through the DOE loans program and support output increases at existing reactors rather than new construction.
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