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By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.
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LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.
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Industry News
DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors
LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.
The $17.5 billion American Nuclear Supply Chain Loans, a component of the Administration's Reinvigorating the Nuclear Industrial Base, will help finance five eligible projects sponsored by utilities and energy companies to accelerate the deployment of 10 large-scale commercial nuclear reactors across the nation with complete designs under construction by 2030.
The U.S. Energy Secretary stated, "Just over one year ago, President Trump directed the Energy Department and its agency partners to unleash the next American nuclear renaissance. To accomplish that mission, these conditional loans will play an important role in reviving the supply chain needed for America to once again build large-scale commercial reactors. They will also help accelerate the timeline of building those large-scale reactors by up to three years, lowering construction costs and ensuring the United States is able to deliver on President Trump’s bold and ambitious energy addition agenda."
EDF financing will support up to five loans, with each loan supporting two reactors at a project site. Westinghouse will partner with up to five eligible utilities and energy companies nationwide to procure the long-lead items at a fixed price. Each project will be jointly owned by Westinghouse and a utility or energy company partner. Both Westinghouse and the partner are required to fully commit their project equity, $500 million each ($1 billion total per project), upfront prior to accessing DOE loan funds. Purchasing for each project will be staggered based on the timing of equity commitments and other relevant factors. Westinghouse has signed letters of intent with seven potential partners, each with identified project sites. DOE and the company must satisfy certain technical, legal, environmental, and financial conditions before the Department will enter definitive financing documents and funds the loan.
The President and Chief Executive Officer of Westinghouse said, "America has always won when it thinks big and builds for the future. If we want to lead in artificial intelligence, advanced manufacturing, and the industries that will define the next century – we need more American baseload energy. This means building industrialized nuclear power at fleet scale, creating long-term economic growth, thousands of high-quality jobs, strengthening supply chains and revitalizing communities. We thank the Administration and the Department of Energy for their commitment and leadership on this strategic initiative."
In July 2025, Westinghouse announced its plan to deploy ten new AP1000 reactors in the United States, with construction to begin by 2030. Westinghouse’s AP1000 units, with a generating capacity of 1.1 GW, are the only licensed large-scale advanced commercial reactors operating today in the United States. Southern Nuclear Operating Company is operating two AP1000 units, completed in July 2023 and April 2024, in Georgia at Plant Vogtle. The units are expected to provide Georgians reliable, emission-free nuclear energy for the next 60 to 80 years.
The loan facilities lower costs for individual nuclear components should create significant supply chain efficiencies, and shorten timelines for nuclear deployment by up to three years. The loan facilities’ bulk equipment purchase order structure should create a significant incentive to deploy a new fleet of carbon-free, base load nuclear power generation.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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