Westinghouse

DOE Announces $17.5B Nuclear Power Loans, For Data Center-Created Demand

The Trump administration announced a $17.5 billion federal financing program to accelerate the construction of 10 large nuclear reactors. This initiative aims to meet rising electricity demand primarily driven by data centers, artificial intelligence, and advanced manufacturing. The Department of Energy plans to select five sites for these reactors, which will use Westinghouse's AP1000 design.