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

  • The Trump administration is offering $17.5 billion in federal loan guarantees to fast‑track 10 new Westinghouse AP1000 nuclear reactors to supply booming data center power needs.
  • The goal is to have all 10 reactors under construction by 2030 and producing power in the mid‑2030s, using fleet builds to create supply chains and lower costs.
  • It’s a contentious push—backers say large nuclear is vital for AI and industry, while critics call it costly and an example of federal favoritism as data centers’ electricity use soars.
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