Key facts
- The Trump administration is providing $17.5 billion in loans for new nuclear reactors.
- The loans are intended to accelerate the development of 10 new large nuclear reactors.
- The initiative aims to meet increasing power demands from data centers.
- Construction for the new reactors may start by 2030.
- Reactor operation is anticipated in the mid-2030s.
- California officials intend to sue the Trump administration.
- The lawsuit concerns a deal to buy back the lease for the Golden State Wind offshore project.
- California officials state the deal requires investment in fossil fuels.
- California officials argue the deal undermines clean energy goals.
- California officials describe the deal as an attack on the state's offshore wind industry.
The Trump administration is providing $17.5 billion in loans to accelerate the development of 10 new large nuclear reactors. This initiative is designed to address the escalating power requirements of data centers. Construction for these reactors could commence as early as 2030, with operations expected to begin in the mid-2030s.