Westinghouse Electric Company, on June 23, 2026, announced plans to collaborate with the U.S. Department of Energy – DOE Office of Energy Dominance Financing – EDF when it comes to the American Nuclear Supply Chain Loans. The program will support funding for nuclear supply chains and speed up the implementation of new nuclear generation at high levels in the United States.
EDF disclosed a conditioned commitment of $17.5B in obligated funding to finance the procurement of long-lead time items – LLI for a maximum of 10 Westinghouse AP1000® units, which is the only completely designed and licensed advanced commercial reactor functioning in the United States at present.
It’s expected that the ability to purchase LLI upfront might shorten project deployment time frames by as much as three years and deliver substantial efficiencies in the supply chain.
According to Westinghouse CEO Dan Sumner, “America has always won when it thinks big and builds for the future. If we want to lead in artificial intelligence, advanced manufacturing, and the industries that will define the next century, we need more American baseload energy. This means building industrialized nuclear power at fleet scale, creating long-term economic growth, creating thousands of high-quality jobs, strengthening nuclear supply chains, and revitalizing communities. We thank the administration and the Department of Energy for their commitment and leadership on this strategic initiative.”
Apparently, Westinghouse will team up with up to 5 qualifying utilities or energy companies to purchase LLI for projects of two reactors each and has executed Letters of Intent with 7 prospective partners with designated sites.
This conditional commitment by EDF demonstrates the intent of the department to secure a loan to fund the projects, but DOE and Westinghouse have to meet certain technical, legal, and environmental as well as financial requirements before the department can enter into conclusive financing documents and finance the loan.
Interestingly, the AP1000 advanced reactor is the only commercial Generation III+ reactor on the marketplace that has fully passive safety systems and a modular design for construction as well as the smallest footprint per MWe.
6 AP1000 reactors have already established operational performance and availability benchmarks around the world, while 14 more are under construction with 5 more in contract. The AP1000 technology has been chosen for nuclear energy programs across Poland and Ukraine as well as Bulgaria and is being evaluated at multiple additional sites in Europe and the Middle East along with North America.
