The Trump administration will provide funding to help rebuild the U.S. commercial nuclear supply chain, the Energy Department announced on June 23.
To carry out President Donald Trump’s May 2025 executive order—Reinvigorating the Nuclear Industrial Base—the Energy Department’s finance office has launched a $17.5 billion loan program.
The funds will reduce construction costs, cover large equipment purchases for five utility-backed projects, and accelerate the rollout of 10 new large nuclear reactors by up to three years, Energy Secretary Chris Wright said.
“Just over one year ago, President Trump directed the Energy Department and its agency partners to unleash the next American nuclear renaissance,” Wright said in a statement. “To accomplish that mission, these conditional loans will play an important role in reviving the supply chain needed for America to once again build large-scale commercial reactors.”…
US to Finance 10 Nuclear Reactors With $17.5 Billion in Loans
