Energy Dept. could back 3 additional nuclear projects

07/15/2010 | Fox Business

The top three candidates for nuclear loan guarantees could all secure additional loan volume from the Energy Department if the Senate approves $9 billion in additional funding, said Matt Rogers, a senior Energy Department adviser. Without the bill, the department is capable of awarding only $10 billion, which could support one project. "If you look at the total funds, that begins to look like you could do all three of them," he said.

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