Obama tweaks $12.5 billion in nuclear power loans
{{#rendered}} {{/rendered}}!--StartFragment-->
The Obama administration announced Friday that it will supplement its $12.5 billion loan guarantee program to build and license new nuclear reactors, but very little new money is being made available.
The announcement was made during a nuclear energy summit held at the White House Friday to discuss the role of nuclear power in producing zero-emission energy to combat climate change.
{{#rendered}} {{/rendered}}The Energy Department will be "supplementing its existing solicitation that makes up to $12.5 billion in loan guarantees available to support innovative nuclear energy projects," according to a White House fact sheet.