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U.S. OKs billions in loans for 10 nuclear reactors
Los Angeles Times
|June 24, 2026
The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers.
JACQUELYN MARTIN Associated Press ENERGY Secretary Chris Wright, right, said the nuclear plants could begin construction by 2030.
Energy Secretary Chris Wright cited “tremendous interest” among developers of data centers that would buy the power, as well as utilities and energy companies. The nuclear plants could begin construction by 2030 and become operational in the mid-2030s, Wright and other officials said Tuesday.
“This is the start,” Wright said on a call with reporters. “We're going to move with the players that are ready to stand up and move quickly. Once that supply chain is up and running, do we think there will be dozens of these built going forward? I'd be very surprised if there were not.”
This story is from the June 24, 2026 edition of Los Angeles Times.
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