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

The Trump administration announced $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, aim to begin construction by 2030 and operationalize in the mid-2030s, with officials citing improved planning and supply chain efficiency compared to past projects like Plant Vogtle.