Bill > HR9015

This bill, the Preserving Existing Nuclear Energy Generation Act, directs the Administrator of the Environmental Protection Agency (EPA) to establish an emissions avoidance program for certain nuclear reactors that are projected to cease operations due to economic factors. The bill establishes a certification process for eligible nuclear reactors, which involves evaluating their safety records and the potential emissions impact if they were to shut down. Certified reactors can then submit bids to receive credits to help cover their operating costs and maintain operations. The bill also establishes a grant program administered by the Department of Commerce to provide financial assistance to local governments and communities affected by the closure of nuclear power plants.