ClimateTechCrunchabout 1 hour ago
Trump DOE loans $5B to nuclear plants
2 min read
The Trump administration approved a $5 billion loan to Constellation Energy to expand capacity at eight nuclear plants by 1.1 gigawatts. Google, Meta, and Amazon have already purchased most of the additional power from seven facilities to support their AI data centers. The funding aims to uprate reactors, though it may not lower residential electricity rates.
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