This is for traditional reactors but still - a big step forward. From Reuters:
U.S. offers Vogtle nuclear plant $3.7 billion in loan guarantees
The U.S. Department of Energy (DOE) said on Friday it has offered an additional loan guarantee of up to $3.7 billion to companies building two nuclear reactors at the Vogtle plant in the state of Georgia.
And the driving force behind this decision:
U.S. Energy Secretary Rick Perry, who has remarked he wants to make nuclear power “cool again,” said in a statement that the “future of nuclear energy in the United States is bright” and that he looks forward to “expanding American leadership in innovative nuclear technologies.”
Very good - renewables are all right but they are not capable of providing reliable baseload electricity plus, when the government subsidies are added in, they are a lot more expensive. I wish that work in LFTR Reactors would go faster - that is the way of the future but conventional nuke is a great start.
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