Mmastodon WarNuclear first seen 3 d ago, last 1 d ago, peak #2
Constellation lands $5 billion US loan pledge for nuclear upgrades
Original: Constellation has secured a conditional loan commitment of up to USD5 billion from the DoE towards uprates and modernisa
Constellation has secured a conditional loan commitment of up to $5 billion from the US Department of Energy to fund power uprates and modernisation projects across its nuclear reactor fleet. The backing would help the company raise output at existing plants rather than build new units, part of a wider push to expand American nuclear capacity.
Why now: The scale of federal financial support for expanding existing nuclear plants is significant news for the US energy sector.
Constellation EnergyUS Department of Energy
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- Constellation has secured a conditional loan commitment of up to USD5 billion from the DoE towards uprates and modernisation projects across its nuclear power reactor fleet. # Nuclear # News https://www. world-nuclear-news.org/article… · collectifission@greennuclear.online · 2
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