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Trump administration announces $17.5 billion in loans for 10 new large nuclear reactors
By Jennifer Mcdermott And Matthew Daly, Associated Press at KPRC 2 / Click2Houston (NBC)
· June 23, 2026
· 4 min read
The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers. Energy Secretary Chris Wright cited “tremendous interest” among developers of data centers that would buy the power, as we...
Key takeaway The nuclear plants could begin construction by 2030 and become operational in the mid-2030s, Wright and other officials said Tuesday.
Why this matters in The Piney Point
The Trump administration's announcement of $17.5 billion in loans for 10 new large nuclear reactors has significant implications for the Houston area, given the region's existing energy infrastructure and growing demand for power. As a major hub for data centers, Houston could potentially benefit from the increased energy production, supporting the growth of these facilities and the jobs they bring. The use of Westinghouse's AP1000 design for the new reactors is also noteworthy, as it could create opportunities for local companies involved in the nuclear supply chain. While the Energy Department has not yet identified the specific sites for the new reactors, the Houston area's proximity to major energy companies and its history of supporting large-scale energy projects make it a potential location for one of the five selected sites. As the selection process unfolds, local residents and businesses will be watching closely to see if Houston will play a role in this major expansion of nuclear energy production.
About this story
Original reporting by KPRC 2 / Click2Houston (NBC) . The Piney Point surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KPRC 2 / Click2Houston (NBC) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 23, 2026 ·
Source: KPRC 2 / Click2Houston (NBC) ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers. Energy Secretary Chris Wright cited “tremendous interest” among developers of data centers that would buy the power, as we...
When was this published? This article was first published on June 23, 2026 by KPRC 2 / Click2Houston (NBC) and curated for The Piney Point readers.
Who reported this story? This story was reported by Jennifer Mcdermott And Matthew Daly, Associated Press at KPRC 2 / Click2Houston (NBC). To learn more about how The Piney Point selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Piney Point, or browse our daily briefing and topic hubs .
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