US States Compete for Advanced Nuclear Reactor Development

The U.S. nuclear industry is advancing towards the development of small modular and microreactors, with the goal of meeting the increasing electricity demand from the technology sector, particularly for artificial intelligence. These advanced reactors, which promise to be cheaper and quicker to build compared to traditional designs, could potentially be operational by 2030. States are actively competing to attract investments and construct these next-generation reactors, with over 200 supportive bills introduced this year alone. Despite challenges such as public skepticism regarding safety and competition from renewable energy sources, high-level federal support is bolstering the industry's growth. Industry leaders emphasize the need to streamline the selection process for the most viable technologies, as numerous designs vie for regulatory approval. The shift towards advanced nuclear power represents a significant evolution in the energy landscape, with states recognizing its potential to provide reliable, climate-friendly electricity.