Tuesday, November 11, 2025

November 2025: TRUMP PRESIDENCY Trump Admin To Lend "Hundreds Of Billions" To Build Nuclear Power Plants

Trump Admin To Lend "Hundreds Of Billions" To Build Nuclear Power Plants
"By now it should be clear to all but the most purple-haired libs that the US will need nuclear power plants - both conventional and modular - and lots of them, to have even a remote chance of ever catching up to the ever growing energy needs... and as we said recently, one can print money, but one can't print energy. ... and
according to Secretary Chris Wright, nuclear power will receive most of the money from the Energy Department's Loan Programs Office (LPO) as the Trump administration pushes to quickly break ground on new reactors. According to Reuters, The LPO has hundreds of billions of dollars in financing aid, including loan guarantees for projects that struggle to get bank loans.

"We have significant lending authority at the loan program office," the Secretary of Energy said at a conference hosted by the American Nuclear Society in Washington D.C."
By far the biggest use of those dollars will be for nuclear power plants, to get those first plants built. The U.S. currently has no commercial nuclear reactors being built, though several intend to reverse their permanent shutdown status and open again, and there are other plans to build new large and small reactors." 
ZeroHedge

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