THE Department of Energy (DoE) is looking into exempting the first commercially developed nuclear power plant from the competitive selection process (CSP), citing the need to ensure a market for the plant’s capacity.
“DUs (distribution utilities) are mandated to ensure a ready market for available capacities from the first commercially developed nuclear power plant, which shall be exempt from (having to go through CSP),” according to a DoE draft circular.
DUs may apply for priority access to the capacity, provided that they demonstrate both technical and financial capacity to enter into long-term power purchase agreements with the nuclear power plant; serve a sufficiently large consumer base; and have power supply shortages that could be alleviated by new baseload generation.
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