Switched On

White House Nuclear Energy Push Meets Uncertain Market

10 snips
Jun 25, 2025
In this discussion, Chris Gadomski, Lead nuclear analyst at BloombergNEF, shares insights into the U.S. nuclear power landscape amidst global competition. He explains how recent executive orders aim to revive the nuclear sector while facing market uncertainties. Gadomski highlights the importance of public engagement and investment strategies, pointing out challenges like historical setbacks and cheaper energy options. The conversation also touches on the role of tech companies and next-generation reactor technologies in shaping the future of nuclear energy.
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ANECDOTE

U.S.-Russia SMR Development Gap

  • The Russians operated an SMR north of the Arctic Circle by 2020, while the U.S. still might have one only by 2030.
  • This illustrates why the U.S. has fallen behind Russia in building nuclear reactors.
INSIGHT

China and Russia Lead Nuclear Construction

  • China leads the world with about 28-29 reactors under construction, largely using domestic designs.
  • Russia exports nuclear technology globally while the U.S. has no reactors of its design under construction, reflecting lost leadership.
INSIGHT

U.S. Leads Tech, Trails Construction

  • The U.S. leads in advanced nuclear reactor development but struggles at licensing and construction stages.
  • Regulatory challenges hamper progress, despite innovation leadership in technology.
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