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Nuclear power will get the most DOE loans
Posted on 11/10/25 at 2:35 pm
Posted on 11/10/25 at 2:35 pm
quote:
Nuclear power will receive most of the money from the Energy Department’s loan office as the Trump administration pushes to quickly break ground on new reactors, Secretary Chris Wright said on Monday.
“We have significant lending authority at the loan program office,” the Secretary of Energy said at a conference hosted by the American Nuclear Society in Washington D.C. “By far the biggest use of those dollars will be for nuclear power plants — to get those first plants built.”
quote:LINK ]CNBC[/link
When we leave office three years and three months from now, I want to see hopefully dozens of nuclear plants under construction,” Wright said.
I like it. Nuclear is the ticket
7
Posted on 11/10/25 at 3:52 pm to bigjoe1
UEC
URG
who else?
URG
who else?
Posted on 11/10/25 at 4:04 pm to bigjoe1
quote:
When we leave office three years and three months from now, I want to see hopefully dozens of nuclear plants under construction,” Wright said.
I, too, want more nuclear. Is 3.5 years a realistic timeline to go from an idea to turning dirt on a nuclear plant? And what kind of reactors are we talking about? Asking because I'm way way way outside of my area of knowledge.
Posted on 11/10/25 at 4:38 pm to BottomlandBrew
Considering multistory multifamily construction from idea to breaking ground is at least 18 months with design, engineering, bidding, and buyout. I would assume 3.5 years is probably not attainable.
Posted on 11/10/25 at 4:39 pm to BottomlandBrew
Considering multistory multifamily construction from idea to breaking ground is at least 18 months with design, engineering, bidding, and buyout. I would assume 3.5 years is probably not attainable.
Posted on 11/10/25 at 4:55 pm to LSUGrad2005
chatgpt says this about the last plant built in the USA:
lant Vogtle Units 3 & 4 (Georgia — Completed 2023 & 2024)
Owner: Georgia Power (Southern Company)
Type: AP1000 (Westinghouse advanced design)
Net Capacity per unit: ~1,100 MW
?? Timeline:
Planning and licensing: Began around 2006–2009.
Construction start: 2013.
Vogtle Unit 3 began commercial operation in July 2023.
Vogtle Unit 4 entered service in April 2024.
?? Total time: Roughly 17–18 years from conception to completion, and about 10–11 years of actual construction.
?? Notable:
First brand-new nuclear reactors built from the ground up in the U.S. in over 30 years.
Faced massive delays and cost overruns (initial budget ~$14B ? final cost over $30B+).
Despite that, they’re expected to run 60–80 years and supply clean energy to millions.
lant Vogtle Units 3 & 4 (Georgia — Completed 2023 & 2024)
Owner: Georgia Power (Southern Company)
Type: AP1000 (Westinghouse advanced design)
Net Capacity per unit: ~1,100 MW
?? Timeline:
Planning and licensing: Began around 2006–2009.
Construction start: 2013.
Vogtle Unit 3 began commercial operation in July 2023.
Vogtle Unit 4 entered service in April 2024.
?? Total time: Roughly 17–18 years from conception to completion, and about 10–11 years of actual construction.
?? Notable:
First brand-new nuclear reactors built from the ground up in the U.S. in over 30 years.
Faced massive delays and cost overruns (initial budget ~$14B ? final cost over $30B+).
Despite that, they’re expected to run 60–80 years and supply clean energy to millions.
Posted on 11/10/25 at 5:15 pm to Swamp puppy
There's a president i know that understands how to cut red tape. He did it in manhattan for years.
I hope he can cut the bullshite and get us up and running.
Cannot believe the progs actually syphoned taxpayer money for solar. It's a crime.
I hope he can cut the bullshite and get us up and running.
Cannot believe the progs actually syphoned taxpayer money for solar. It's a crime.
Posted on 11/10/25 at 5:16 pm to bigjoe1
After a billion or two for SLI first please.
Posted on 11/10/25 at 5:25 pm to bigjoe1
Radiant Nuclear
Posted on 11/10/25 at 5:30 pm to hob
Radiant is a private company, no?
Posted on 11/10/25 at 5:37 pm to dstone12
Correct but I think Cathy Woods and Ark are investors. I'm aware of a few customers for a Kaleidos.
Other companies that build small reactors are
NuScale Power
Oklo
There's also Kairos Power but it's also private.
Type One Energy is another private company that has made a deal with TVA to replace a coal plant.
Other companies that build small reactors are
NuScale Power
Oklo
There's also Kairos Power but it's also private.
Type One Energy is another private company that has made a deal with TVA to replace a coal plant.
This post was edited on 11/10/25 at 5:47 pm
Posted on 11/10/25 at 6:07 pm to bigjoe1
quote:
When we leave office three years and three months from now, I want to see hopefully dozens of nuclear plants under construction,” Wright said.
This is hilariously out of touch with reality. As someone who is familiar with the DOE loan process, it takes 12-24 months easily just to get approved for a loan and then you need to not be FOAK and there have to have been pilots of a smaller size before it.
Posted on 11/10/25 at 6:24 pm to Swamp puppy
Great stats and facts, when I see electric production mentioned on here I always see a lot of votes for nuclear and I understand the thought process. But what you posted is the fact process and is what actually happened on the last large scale nuclear in America; it almost financially broke one of the largest, most aggressive power companies in the nation, Southern Company.
If you consider timeframe from permitting to completion, our power needs can’t wait 16-17 years for nuclear units to be built and companies have to be cautious committing to building because political landscape changes every 4 years. Maybe modular nuclear or something smaller scale but with all the government regulations and overreach, just saying build nuclear is much harder and longer range than many people realize.
If you consider timeframe from permitting to completion, our power needs can’t wait 16-17 years for nuclear units to be built and companies have to be cautious committing to building because political landscape changes every 4 years. Maybe modular nuclear or something smaller scale but with all the government regulations and overreach, just saying build nuclear is much harder and longer range than many people realize.
Posted on 11/10/25 at 7:28 pm to bigjoe1
I have recently obtained an elementary education in the clean energy space. My take on what I can understand from what I have gathered:
Post Combustion Capture technology is the most near term solution. Margins won’t be high but risk is low.
Oxy Combustion Carbon Capture is next in line. There are a couple of different companies in different stages of developing, patenting, testing similar FOAK technologies. The cost is high and the timeline is further out, but the potential margins are significant.
Nuclear is next. Sky high costs and timeline is long.
All the money seems to be going to nuclear and do not think there is a rationale reason for that. At least that I can wrap my head around.
Post Combustion Capture technology is the most near term solution. Margins won’t be high but risk is low.
Oxy Combustion Carbon Capture is next in line. There are a couple of different companies in different stages of developing, patenting, testing similar FOAK technologies. The cost is high and the timeline is further out, but the potential margins are significant.
Nuclear is next. Sky high costs and timeline is long.
All the money seems to be going to nuclear and do not think there is a rationale reason for that. At least that I can wrap my head around.
This post was edited on 11/10/25 at 7:31 pm
Posted on 11/10/25 at 8:13 pm to bigjoe1
OKLO
SMR
NKLR
HOND
SMR
NKLR
HOND
Posted on 11/10/25 at 8:23 pm to POCKET
Small micro nuclear is the future, not massive 20 year build outs.
The biggest time driver is licensing and regulatory approval, not construction.
Construction on these units can be surprisingly fast (sometimes 12–24 months once the paperwork and approvals are in place), because microreactors are designed to be factory-built, shipped, and assembled on-site.
So, SMR, NNE are my 2 currently owned.
The biggest time driver is licensing and regulatory approval, not construction.
Construction on these units can be surprisingly fast (sometimes 12–24 months once the paperwork and approvals are in place), because microreactors are designed to be factory-built, shipped, and assembled on-site.
So, SMR, NNE are my 2 currently owned.
Posted on 11/10/25 at 8:31 pm to POCKET
quote:
All the money seems to be going to nuclear and do not think there is a rationale reason for that. At least that I can wrap my head around.
Sec. Wright was on the board of OKLO.
After OKLO gets the plutonium from the government, watch out.
Posted on 11/12/25 at 9:49 am to Swamp puppy
Vogtle is an AP1000 and it was the first two nuclear plants completed in a very long time. The red tape was significant, but also the learning curve was significant. The next generation of nuclear construction in the US likely won't include more AP1000s. They will be SMRs which should go much faster
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