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Five ways the U.S. nuclear energy industry is evolving in 2024
- November 1, 2024: Vol. 11, Number 10

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Five ways the U.S. nuclear energy industry is evolving in 2024

by Michael Goff

The nuclear energy landscape in the United States is changing rapidly as demand for clean power rises and the nation strives to meet its climate goals.

Thanks to the Bipartisan Infrastructure Law and the Inflation Reduction Act, the domestic nuclear industry is leveraging federal funding, loan authority and new tax incentives to extend reactor operations, increase capacity and restart retired reactors.

Early in 2023, the U.S. Department of Energy (DOE) released a report on how to commercialize advanced nuclear technologies, and they have now updated it to generate faster, more coordinated action for the deployment of advanced reactors to increase access to clean energy. Here’s what’s new.

MEETING SURGING DEMAND

The updated report finds the United States will now need at least 700 gigawatts to 900 gigawatts of additional clean power to keep pace with updated growth projections to reach net-zero emissions.

The surge in electricit

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