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Trump Seeks a US Nuclear Revival With $17.5 Billion in Loans (opens original article in a new tab)

TL;DR

The Trump administration is offering $17.5 billion in financing to revive the US nuclear power industry through loans for utilities to build reactors designed by Westinghouse Electric Co., with seven potential partners identified for reactor projects.

  • Trump administration offers $17.5 billion in financing for nuclear power plants
  • US Energy Department announces conditional loans for utilities to build reactors designed by Westinghouse
  • Westinghouse has signed letters of intent with seven potential partners for reactor projects
  • Only three large nuclear reactors have been completed in the US this century

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