New Wave Of Smaller, Cheaper Nuclear Reactors Sends Us States Racing To Attract The Industry

With the promise of newer, cheaper nuclear power on the horizon, U.S. states are vying to position themselves to build and supply the industry's next generation as policymakers consider expanding subsidies and paving over regulatory obstacles.

Advanced reactor designs from competing firms are filling up the federal government's regulatory pipeline as the industry touts them as a reliable, climate-friendly way to meet electricity demands from tech giants desperate to power their fast-growing artificial intelligence platforms.

The reactors could be operational as early as 2030, giving states a short runway to roll out the red carpet, and they face lingering public skepticism about safety and growing competition from renewables like wind and solar. Still, the reactors have high-level federal support, and utilities across the U.S. are working to incorporate the energy source into their portfolios.

Last year, 25 states passed legislation to support advanced nuclear energy and this year lawmakers have introduced over 200 bills supportive of nuclear energy, said Marc Nichol of the Nuclear Energy Institute, a trade association whose members include power plant owners, universities and labor unions.

"We've seen states taking action at ever-increasing levels for the past few years now," Nichol said in an interview.