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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 Houston (NBC / Click2Houston)
· 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 Sugar Land News
The Trump administration's announcement of $17.5 billion in loans for 10 new large nuclear reactors has significant implications for Sugar Land and the surrounding Houston area. As a major hub for data centers, the region's power demand is expected to continue growing, and the new nuclear reactors could play a crucial role in meeting this demand. The fact that the reactors will use the Westinghouse AP1000 design, which has been tested at Georgia Power Co.'s Plant Vogtle, suggests that the administration is looking to build on existing technology to drive down costs and improve efficiency. For Sugar Land, this could mean increased economic activity and job creation, particularly if one of the selected sites is located in the Houston area. The city's residents will be watching closely to see if any of the seven utilities and energy companies that signed letters of intent have sites in the region, and how the selection process unfolds in the coming months.
About this story
Original reporting by KPRC 2 Houston (NBC / Click2Houston) . Sugar Land News 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 Houston (NBC / Click2Houston) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 23, 2026 ·
Source: KPRC 2 Houston (NBC / Click2Houston) ·
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 Houston (NBC / Click2Houston) and curated for Sugar Land News readers.
Who reported this story? This story was reported by Jennifer Mcdermott And Matthew Daly, Associated Press at KPRC 2 Houston (NBC / Click2Houston). To learn more about how Sugar Land News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Sugar Land News, or browse our daily briefing and topic hubs .
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