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Energy secretary says $17.5B in loans will help 'unleash the next American nuclear renaissance' for reactors

The Department of Energy on Tuesday announced $17.5 billion in conditional loans for utilities and energy companies to buy parts that will strengthen the commercial supply chain for nuclear reactors.Energy Secretary Chris Wright said that the announcement supports President Donald Trump's executive order by boosting the nuclear industrial base, helping to "unleash the next American nuclear renaissance.""To accomplish that mission, these conditional loans will play an important role in reviving the supply chain needed for America to once again build large-scale commercial reactors," Wright expl...