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.