President Barack Obama announced more than 8 billion dollars in federal loans will go towards building two nuclear reactors in Georgia.
"One plant, for example, will cut carbon pollution by 16 million tons each year when compared to a similar coal plant," Obama said.
After today's speech given by the president, nuclear technology companies are expressing new excitement.
"It's really about time," Tridec's Gary Peterson said. "For a long time the nuclear industry has said we need to have more nuclear power in this country. It's environmentally safe, it's green, it's a renewable source."
Energy Northwest, which operates the Columbia Generation Station that started up in the 1980's, also has workers who say now is the time to focus on clean energy. The company has developed a nuclear study group working toward developing additional nuclear power plants in the future, and officials from the Franklin PUD say the president's speech is a huge step toward educating the country about the benefits of nuclear power.