Jarred Shaffer

Built World

Administering $350M fund

Texas has opened applications for a $350 million fund to jumpstart advanced nuclear reactor construction — the largest state-level nuclear energy investment in the United States. The Texas Advanced Nuclear Energy Office, created by legislation Governor Greg Abbott signed in June 2025, is now accepting proposals from companies that want to build next-generation reactors, manufacture nuclear components, or rebuild the domestic nuclear fuel supply chain. But there's a catch: only two projects in the state currently meet the fund's requirement of having a construction permit application filed with federal regulators.

Updated Yesterday