DOE Annouces $30.5 Billion in Loan Guarantees for Nuclear, Renewables

The U.S. Department of Energy today announced three solicitations for a total of up to $30.5 billion in federal loan guarantees for projects that employ advanced energy technologies that avoid, reduce or sequester air pollutants or greenhouse gas emissions. The program will provide up to $18.5 billion to nuclear power facilities; $10 billion for energy efficiency, renewable energy and electric transmission projects; and $2 billion for the “front-end” of the nuclear fuel cycle, including uranium enrichment.

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