The US Department of Energy (DOE) says that its $17.5bn (€15.4bn) loan deal announced this year aimed at constructing 10 new Westinghouse AP1000 reactors is helping to swing interest from utility companies back into investing in large-scale nuclear again.
Speaking on a podcast by the Centre on Global Energy Policy, Julie Kozeracki, acting chief investment officer and lead of the nuclear team at the DOE’s energy dominance financing department, said she expected items under the loan deal announced in June to begin to be purchased as soon as the end of the year.
The loans would help companies procure items such as reactor pressure vessels and steam generators, which can take years to secure, and potentially reduce the time to build the AP1000 nuclear plants.
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
