SMR

Former Secretary of Energy Rick Perry was interviewed and stated that Trump is all in on small nuclear reactors. He pointed out that Trump has repeatedly spoken about nuclear power. Nuclear company stocks have risen rapidly since the election and now have more assets than all other clean energy stocks combined. Trump has pledged to reduce regulations on nuclear and speed up permitting. Vistra Corp a company that operates nuke plants has seen its stock double in the last two months. Some of these improvements could happen quickly as a number of existing plants have been waiting on paper work to expand their output and changes here could result in increased production within weeks. Here is Trump from Joe Rogan. Trump pointed to small modular reactors (SMR's) as a potential answer to long-running cost concerns surrounding the energy source. He believes that smaller reactors, which can be built in a factory, could avoid the complexities associated with large reactors. Little by little SMR's are gaining advocates and in time will prove to be the answer to climate change.