Trump administration announces $17.5 billion in loans for 10 new large nuclear reactors

The Trump administration is providing $17.5 billion in loans to develop 10 new large nuclear reactors to address rising power demand from data centers. The reactors, using Westinghouse’s AP1000 design, are expected to begin construction by 2030 and operate by the mid-2030s, with the goal of creating a robust supply chain and reducing costs compared to past projects like Plant Vogtle.