Texas opens $350M in nuclear funding
Three years ago, the Texas Public Utility Commission launched the Advanced Nuclear Reactor Working Group at the direction of Gov. Greg Abbott. One year later, that new group issued a report recommending several actions to the Texas legislature that could be taken to attract new nuclear projects to the state.
Included in those recommendations were the foundation of a nonregulatory entity to coordinate Texas’s “strategic nuclear vision” along with an advanced nuclear fund to help “overcome the funding valley project developers face” in the state.