US DOE will offer $12.6 billion in new nuclear loan guarantees [View all]

[FBaggins]

The US Department of Energy plans to make available federal loan guarantees totaling $12.6 billion for uranium enrichment facilities, new nuclear reactors, small modular reactors and capacity upgrades at existing nuclear plants.

In a draft solicitation issued Tuesday, the agency said up to $2 billion will be available for uranium enrichment, conversion and nuclear fuel fabrication project loan guarantees, while the remaining $10.6 billion will be available for three categories of nuclear power projects.

The categories of projects are nuclear reactors with "state-of-the-art design improvements," small modular reactors of 300 MW or less, and capacity increases, or uprates, as well as other upgrades to existing units that contribute to efficiency.


http://www.platts.com/latest-news/electric-power/washington/us-doe-will-offer-126-billion-in-new-nuclear-21310862