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Press Space to continue
Press Space to continue
SITUATION EXPLAINED: The US government is offering $17.5 billion in low-interest loans to jump-start nuclear power. • Loans will finance orders for the Westinghouse AP1000, a pressurized water reactor generating 1.1 to 1.2 gigawatts, roughly equivalent to a large data center • Five loans available for projects with two reactors each, aimed at accelerating timelines by up to three years • Westinghouse plans 10 AP1000s in the US by 2030 • Problem: the first AP1000s originally budgeted at $14…