Sources say the Trump administration will provide $17.5 billion to finance
Westinghouse Electric equipment orders for large nuclear reactors. The funds
will be allocated to seven unnamed utilities that have signed DOE loan intent
letters. The administration views large reactors as critical power for data
centers and economic growth and issued an executive order last year aiming for
10 large conventional reactors under construction in the US by 2030. Large
conventional reactor builds have largely stalled: only three such plants have
has been completed since 2000 and none are currently under construction.
