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

Nuclear Power Poised for Boom in US but Industry Says Regulatory Reform Needed
Artist rendition of NuScale Power’s small modular nuclear reactor plant. NuScale
John Haughey
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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.

John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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