EXCLUSIVE: Trump Energy Department To Finance Up to 10 Nuclear Reactors in Bid To Kickstart Nuclear Energy ‘Renaissance’
By Thomas Catenacci
Excerpt:
The Trump Department of Energy is preparing to finance up to 10 nuclear power plants in an effort to usher in a nuclear energy “renaissance,” Energy Secretary Chris Wright said in an exclusive interview with the Washington Free Beacon.
The agency will use its rebranded Office of Energy Dominance Financing to provide low-interest loans for the reactors, Wright said. The financing is designed to provide a “nudge” to an industry that has struggled for decades to get new projects up and running.
Wright’s comments came as he toured the Idaho National Laboratory (INL), a government facility that focuses on cutting-edge nuclear energy research, on Monday.
