The Department of Energy yesterday issued a draft solicitation for up to $12.6 billion in loan guarantees for advanced nuclear energy projects. The four key areas of interest include advanced nuclear reactors, small modular reactors, upgrades at existing facilities, and $2 billion for front-end nuclear projects such as uranium enrichment and conversion plants. “For the first time in more than 30 years, new nuclear power plants are under construction in the United States,” DOE Secretary Ernest Moniz said in a statement. “This solicitation would build on that investment and help support the construction of the next generation of safe and secure nuclear energy projects. Expanding on the Administration’s commitment to an all-of-the-above energy strategy, these projects will provide clean energy to American families and businesses.”
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