White House seeks to revive US nuclear industry with new reactor push
President Biden aims to boost nuclear power with federal support for large-scale and small modular reactors to achieve carbon-free energy goals by 2035.
Zach Bright and Nico Portuondo report for E&E News.
In short:
- The Biden administration highlights the completion of Plant Vogtle, the most expensive nuclear project in U.S. history, as a step toward reinvigorating the nuclear industry.
- A new working group will address high costs and lengthy build times for modern reactors, while exploring advanced reactors for military sites.
- Federal subsidies and streamlined regulations aim to support the deployment of small modular reactors despite current industry infancy and supply chain challenges.
Key quote:
“Recognizing the importance of both the existing U.S. nuclear fleet and continued build-out of large nuclear power plants, the U.S. is also taking steps to mitigate project risks associated with large nuclear builds and position U.S. industry to support an aggressive deployment target.”
— White House statement
Why this matters:
Reviving the nuclear industry is important for meeting climate goals and reducing dependence on fossil fuels. Enhanced federal support and streamlined processes could overcome past obstacles, fostering energy security and innovation.
