Nuclear Power Poised for Boom in US but Industry Says Regulatory Reform Needed

Private fund managers and venture capitalists in 2022 invested more than $5 billion in nuclear power companies in the United States, where the industry is poised to build “hundreds of new reactors,” double its electrical output, and triple its workforce to meet a projected 50-percent increase in energy demand by 2050.
It’s all very exciting, Nuclear Energy Institute (NEI) President and CEO Maria Korsnick said during a “State of the Industry” address to open NEI’s annual Nuclear Energy Assembly on May 15 in Washington.
“People want clean energy. Businesses are demanding versatile technologies while reducing their carbon footprint. State and congressional lawmakers and regulators want energy options … to decarbonize grid and strengthen energy security,” she said. “And when you add all of that up, these demands all point to one place—nuclear carbon-free energy.”…}