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USA government to give $12.5B in Loans for New Nuclear Power Projects!

fleecing-taxpayerDoE Announces $12.5B in Loans for Advanced Nuclear, Energy Collective Katherine Tweed December 17, 2014 The U.S. Department of Energy issued a loan guarantee solicitation for $12.5 billion on Wednesday for innovative nuclear energy projects.

The solicitation comes on top of $8 billion for advanced fossil energy projects last December, $4 billion for renewables issued earlier this year and $6.5 billion for two nuclear reactors in February, the first new nuclear to be built in the U.S. in about 30 years……………

“DOE will look favorably on Eligible Projects that will have a catalytic effect on the commercial deployment of future Advanced Nuclear Energy Projects,” the solicitation states.

The first deadline for Part I applications is March 18, 2015, followed by rolling deadlines approximately every six months.http://theenergycollective.com/katherinetweed/2170051/doe-announces-125b-loans-advanced-nuclear

December 20, 2014 - Posted by | business and costs, politics, USA

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