Policy developments around nuclear energy continue to evolve driven by new reactor technologies and the need for carbon-free power to support clean energy goals. Nuclear operators can have their yellowcake and eat it too as massive federal and state subsidies protect traditional nuclear power plants while underwriting the development of advanced reactors.
The focus on decarbonization and energy security has elevated the importance of nuclear power as a critical technology to achieve national and state goals. Recent actions include the second award cycle of a $6 billion federal program established to maintain the existing reactor fleet and proposals to explore the feasibility of deploying advanced nuclear technologies.
Efforts to preserve and expand the U.S. nuclear fleet are figuring more prominently across the U.S., spurred by the growing demand for emission-free energy. In particular, policy actions and initiatives are geared towards making nuclear power more competitive.
