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Trump administration to loan $17 billion to speed deployment of 10 big nuclear reactors in U.S.

The U.S. Department of Energy announced $17.5 billion in conditional loans on June 23, 2026, to build 10 large-scale commercial nuclear reactors. The funding aims to meet high power demands from data centers and support long-lead time items. Five projects will each host two reactors using Westinghouse Electric Co. technology.

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What changed

New details identify the June 23 announcement date, the role of Westinghouse Electric Co., and the specific goal of powering data centers.

Live updates

  1. Trump Administration Offers $17.5 Billion in Loans for 10 Nuclear Reactors

    The U.S. Department of Energy announced $17.5 billion in conditional loans on June 23, 2026, to build 10 large-scale commercial nuclear reactors. The funding aims to meet high power demands from data centers and support long-lead time items. Five projects will each host two reactors using Westinghouse Electric Co. technology.

    What's confirmed:

    • The U.S. Department of Energy announced $17.5 billion in conditional loans on June 23, 2026.
    • The loans support the deployment of 10 large-scale nuclear reactors across five projects.
    • The funding is intended to address power demand from massive data centers.
    • The Office of Energy Dominance Financing will provide the funds to projects partnering with Westinghouse Electric Co.

    Still unconfirmed:

    • The new reactors will generate enough electricity for approximately 10 million homes.
    confidence 95%

  2. Trump Administration Announces $17.5 Billion in Nuclear Reactor Loans

    The U.S. Department of Energy is providing $17.5 billion in conditional loans to accelerate the deployment of 10 large-scale nuclear reactors. These funds aim to rebuild the American nuclear supply chain and lower construction costs. The financing supports five projects that will each host two reactors.

    What's confirmed:

    • The U.S. Department of Energy announced $17.5 billion in conditional loans for nuclear power.
    • The loan program aims to accelerate the deployment of 10 large-scale nuclear reactors.
    • The financing will support five energy projects, with each hosting two reactors.
    • Energy Secretary Chris Wright stated the loans are intended to revive the supply chain for large-scale commercial reactors.

    Still unconfirmed:

    • The loan plan could finance up to 10 AP1000 reactors.
    • The loans may speed up reactor deployment by as much as three years.
    • The financing specifically supports Westinghouse nuclear reactor deployment.
    confidence 95%