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US announces $17.5 billion in loans for nuclear power supply chain
The U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accelerate the construction of new large-scale reactors. Seven utilities have already expressed interest in these loans, which will support Westinghouse reactors. This initiative seeks to overcome investment hurdles and boost U.S. electricity generation capacity.
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cryptobriefing.com
Trump administration backs $80B nuclear deal with $17.5B in government-backed financing for Westinghouse reactors
The Trump administration partnered with Westinghouse, Cameco, and Brookfield on an $80B nuclear deal with $17.5B in government-backed financing for ten new
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cnbc.com
Trump administration to loan $17 billion to speed deployment of 10 big nuclear reactors in U.S.
The loans will support the construction of five projects that each host two big nuclear reactors.
