01 // Blog

Nuclear Industry Revival

Published: February 19, 2010 Last modified: November 10, 2026 Reading time: 1 min

This week, President Obama announced $8.3 billion in federal loan guarantees to build two new reactors at a nuclear power plant in Georgia, signaling the first wave of new nuclear plants in the U.S. in more than three decades. “This is only the beginning,” he said. “My budget proposes tripling the loan guarantees we provide to help finance safe, clean nuclear facilities – and we’ll continue to provide financing for clean-energy projects here in Maryland and across America.”

This is great news for the environment and for Locus’ nuclear module of EIM