Trump administration announces $17.5 billion in loans for 10 new large nuclear reactors
- The Trump administration is offering $17.5 billion to fast-track 10 large nuclear reactors to supply booming data centers.
- Officials aim to begin construction by 2030 and have the AP1000-design plants online in the mid-2030s, building multiple identical units to cut costs and speed the supply chain.
- Data centers already use about 4–5% of U.S. electricity (potentially much more soon), fueling a debate over whether new reactors are necessary or too costly and risky.