The Trump administration announces $17.5 billion in loans intended to speed development of 10 large nuclear reactors in the United States. U.S. Energy Secretary officials describe the financing as part of efforts to respond to rising electricity demand, including demand associated with large data centers. Multiple outlets report that the Department of Energy plans to issue up to five conditional loans, with each loan supporting construction of a project that includes two reactors. The loans are framed as a way to move the permitting, development, and construction process forward for reactor projects that would expand nuclear power capacity. One outlet adds that the financing would support construction of five projects, each hosting two reactors, aligning with the overall figure of 10 new reactors. The reports describe the loans as conditional, indicating eligibility and project requirements tied to the department’s process. The announcement centers on the use of federal loan authority rather than direct grants, and it positions nuclear expansion as a component of meeting power needs.