The US has announced it is making $175m (€152m) available to boost rural nuclear power and strengthen the reliability of the country’s electric power transmission.
The US Department of Agriculture’s (USDA) under-secretary for rural development Glen Smith said the funding was from the new affordable rural cooperative program (Arc), which provides loans and grants to electric cooperatives for nuclear energy and transmission efficiency projects serving rural areas. The program strengthens the resiliency, reliability and affordability of rural electric systems.
“The directive from president Trump is clear: we must invest in stronger, broader, more reliable power to keep America at the forefront of growth and progress,” said Smith.
Want to keep reading?
Register free and get full access to NucNet for 14 days. No card required.
- Daily news briefing on the global nuclear industry
- Weekly, monthly and topical newsletters
- 24/7 coverage during nuclear incidents and safety events
- Full searchable archive, 30,000+ articles since 1991
- SMR and AMR project database
- Analysis, Focus pieces and infographics
- NucNet Style Guide for nuclear reporters and communicators
After the trial, keep a free account for a newsletter and a complimentary Plus article every two weeks. Or see our subscription plans for individuals and organisations.
See subscription options