North America Alternative Energy: $17.5bn DOE Loans for Nuclear Projects

研报英文原文证据摘录

North America Alternative Energy: $17.5bn DOE Loans for Nuclear Projects

Global Research

23 June 2026ab

North America Alternative Energy Equities

North America$17.5bn DOE Loans for Nuclear Projects

Electric Utilities

Jon Windham, CFA

$17.5bn for new AP1000s Analyst

On 23-Jun-2026, the U.S. Department of Energy (DOE) announced $17.5bn of jon.windham@ubs.com

conditional loan commitments to finance the purchase of long-lead equipment orders +1-617-478-4711

for 10 Westinghouse AP1000 reactor units. Loans will be provided to five projects (2 David Choe

AP1000 units each) that "will be jointly owned by Westinghouse and a utility or energy Associate Analyst

company partner." david.choe@ubs.com

+1-212-882 5714

In our view, the funding announcement is a significant positive for nuclear

Will Wilson

sentiment and represents continued momentum for a potential long-term nuclear

Analyst

infrastructure build cycle. will-za.wilson@ubs.com

+61-2-9324 3848

The funding follows Trump's May-2025 Executive Order, which aims to have 10 new

large nuclear reactors under construction by 2030, as well as an announced strategic Nijat Mammadov, CFA

partnership between the U.S. government and Westinghouse to support at least $80bn Associate Analyst

nijat.mammadov@ubs.com

in new build reactor projects.

+1-212-821 3089

30-Oct-2025: The Westinghouse Option

A positive step for U.S. nuclear

DOE states the loans could accelerate build timelines by up to 3 years with

Westinghouse committing to fixed-price contracts to mitigate equipment cost inflation.

Westinghouse and its partner for each project will have to commit $500mn each ($1bn

total) of upfront equity capital before accessing DOE funds.

Reducing construction duration and capping equipment costs could significantly reduce