Sunday, October 13, 2024

Nuclear

Nuclear is making a come back in the Infrastructure bill. People have come to understand that zero carbon is not possible without nuclear power. Included in the bill is bipartisan legislation known as the ADVANCE Act that will help us build new reactors at a clip that we haven’t seen since the 1970s.  Also in the bill is money for small reactors. Another development in this bill is its focus on small reactor technologies, known as microreactors.   Also in the Inflation Reduction Act there are funds allocated for nuclear. Momentum is building for U.S. nuclear energy and the investments and tax incentives included in IRA guarantee a commitment to nuclear energy that will continue well throughout the nation’s journey to net-zero. In states many new bill are being introduce to promote nuclear power. Five years ago only 10 bills were introduced and last year there were 200. Environmentalist are now including nuclear when they talk about carbon free and venture capitalist are showing interest. China is still leading the way but America is waking up.

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