Industry reports or press releases from involved companies

Biden Administration Unveils Plan to Triple US Nuclear Power Capacity by 2050 with 200 GW Target

Nov 12, 2024, 01:42 PM

The Biden administration has unveiled an ambitious plan to triple the United States' nuclear power capacity by 2050. This initiative, announced at COP29, aims to add 200 GW of capacity through new reactor construction, plant restarts, and upgrades. The plan, reported by Jennifer A. Dlouhy of Financial Post, positions the administration as the most pro-nuclear Democratic leadership since the 1960s. The move comes as demand for reliable, round-the-clock energy sources continues to grow.