Energy Secretary Ernest Moniz is expected to announce final approval for an $8.3 billion loan guarantee for the first nuclear reactors to be built in the united States in more than three decades.
Amy Harder reports the news that the U.S. Department of Energy will today announce the final approval of an $8.6 billion loan guarantee. The loan, “will help support construction of two new reactors at the company's Vogtle plant in Waynesboro, Ga,” writes Harder.
“The loan conditionally approved in 2010 was actually a set of three related loan guarantees, totaling $8.3 billion. According to another source familiar with the project, Moniz will announce Wednesday that two of the three loan guarantees are going to close on Thursday, totaling $6.5 billion. The last conditional loan guarantee, worth about $1.8 billion, is still pending.”
FULL STORY: Energy Department to Approve Billions in Nuclear Backing
Georgia Makes Clean Energy History in U.S.
The first newly constructed nuclear power plant to generate electricity in the U.S. in over 30 years began operation in Waynesboro, Georgia on July 31.
Three Mile Island Nuclear Plant Could Power Microsoft Data Centers
The proposal to restart one unit of the infamous plant, which suffered a partial meltdown in 1979, still requires federal, state, and local approvals.
First Federal Funding for Hydrogen Hubs Awarded to California and Pacific Northwest
The U.S. Department of Energy announced on July 17 that the first grant to build the nation's seven proposed 'hydrogen hubs' would go to California. The ultimate goal is to decarbonize transportation fuels used in port operations.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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