Zhito Finance APP learned that the government led by US President Biden is developing a plan to double the nuclear power capacity of the USA by 2050. Currently, as a source of all-weather carbon-free electricity, the market demand for nuclear energy is rising.
According to the roadmap released on Tuesday, by the middle of this century, the USA will deploy 200GW of nuclear power capacity through building new reactors, restarting nuclear power plants, and upgrading existing facilities. In the short term, the White House's goal is to put 35GW of new capacity into operation in over a decade.
White House National Climate Advisor Ali Zaidi said: 'Over the past four years, the USA has truly built the industrial capacity and muscle memory to implement this plan throughout the economy.'
He stated that the Biden administration is addressing issues hindering nuclear development, including a lack of skilled labor, domestic fuel supply, and regulatory infrastructure. Zaidi said in an interview: 'We have eliminated many obstacles hindering us from vigorously developing this zero-carbon electricity.'
This strategy may continue to gain support under the leadership of the newly elected President Trump. Trump called for the construction of new nuclear reactors during the campaign to help power energy-intensive data centers and factories.
The nuclear industry - and its potential revival - has also received bipartisan support in the US Congress, with a law passed in July granting the US Nuclear Regulatory Commission (NRC) new tools to regulate advanced reactors, issue licenses for new fuels, and evaluate manufacturing breakthroughs that could enable faster and cheaper construction.
As countries strive to accelerate the increase of low-emission energy, and the electricity demand of energy-intensive industries including ai data processing continues to rise, the demand for nuclear energy is increasing.
$Microsoft (MSFT.US)$In September, an electrical power supply agreement was reached with the Three Mile Island nuclear power plant in Pennsylvania, USA, at the same time,$Alphabet-A (GOOGL.US)$、$Amazon (AMZN.US)$Billionaire financier Ken Griffin has recently shown new interest in nuclear energy development.
At the time of the US initiative, world leaders from various countries gathered in Azerbaijan for the two-week COP29 climate summit, facing increased pressure to intensify emission reductions. At last year's United Nations meeting, the US and about 20 other countries signed a commitment to double nuclear power capacity by 2050.
According to data from the International Energy Agency (IEA), since 2010, with the rapid development of technologies such as solar and wind energy, nuclear power generation capacity has remained relatively stable. This reflects the impact of the 2011 tsunami and the meltdown of the Fukushima Daiichi nuclear power plant in Japan, although many governments are now reevaluating their positions on this technology.
Supporters of nuclear energy state that by setting domestic deployment targets, the USA can encourage nuclear developers. The Biden administration's report states that achieving the goal by 2035 will require prompt action to establish sufficient orders for multiple reactors, which will in turn unleash investments in fuel and parts supply chain.
The 36-page framework outlines other measures the usa should take to rebuild its production capacity and restore its status as a nuclear technology developing country.
The document states, "The usa and its allies must engage in effective competition to provide the world with clean, safe nuclear energy." Other countries also "often want new reactor technologies to be demonstrated first in supplier countries."
Key recommendations include expediting federal technical licensing for large reactors and ensuring long-term clarity of tax-supported. The global strategy also calls for a review of opportunities to add new reactors to existing nuclear power plants and consider deploying small modular reactors at defense facilities.
Editor/ping