The cheapest new nuclear power in America may come from reactors that have been running for decades. On 27 October, the Energy Department offered Constellation Energy up to US$5 billion to get nearly 1.1 gigawatts more out of plants it already owns.
Sienna Brook · Thursday 29 October 2026
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Sources
- Energy Department Announces $5 Billion Loan to Boost Nuclear Power and Help Lower Costs in Illinois, Maryland, and Pennsylvania
- FACT SHEET: Project Uprise Is Delivering On President Trump's Agenda To Unleash American Nuclear Power
- Constellation Secures Conditional DOE Loan Commitment of up to $5 Billion to Expand Nuclear Output
- Transcript: U.S. Energy Secretary Chris Wright Speaks with CNBC's Power Lunch
- Department of Energy announces 'conditional' $5 billion loan to Constellation nuclear plants including Byron
- DOE Offers Constellation Up to $5B Loan for 1.1 GW of Nuclear Uprates at Eight Plants
- Google and Constellation Announce Landmark Agreement to Bring 890 MW of New Nuclear Capacity to PJM Grid
- Why we're backing America's existing nuclear plants
- Google Deal Backs 890 MW of Constellation Nuclear Uprates at 11 PJM Reactors
- Constellation, Meta Sign 20-Year Deal for Clean, Reliable Nuclear Energy in Illinois
- Constellation Reports Second Quarter 2026 Results
- Passage of Illinois Energy Legislation Preserves Nuclear Plants
- Exelon Corp / Exelon Generation Form 8-K
- Reinvigorating the Nuclear Industrial Base (executive order)
- The Nation's Nuclear Reactor Fleet Is on the Rise (UPRISE launch)
- Utility Power Reactor Incremental Scaling Effort (UPRISE)
- Energy Department Closes Loan to Restart Nuclear Power Plant in Pennsylvania
- Backgrounder on Power Uprates for Nuclear Plants
- Expected Applications for Power Uprates
- Fuel loading to resume at Palisades after workers remove damaged fuel assembly
- Secretary Wright Joins CNBC - October 27, 2026
This desk has not corrected this file. Corrections.
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