The Transition: Making American Nuclear Great Again
Jan 9, 2025
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Jeremy Harrell, CEO of ClearPath and ClearPath Action, dives into the evolving landscape of nuclear energy in the U.S. He discusses the surging bipartisan support for nuclear power and its resurgence due to new reactor technologies. The conversation highlights America's competitive position against global leaders like China and Russia. They also tackle spent fuel management challenges, exploring sustainable solutions. As the nuclear industry looks ahead, innovations in both large and small modular reactors play a crucial role in shaping a cleaner energy future.
Public support for nuclear energy has increased, now at 56%, as advocates highlight its role in combating climate change and achieving climate goals.
The U.S. nuclear industry is innovating with advanced reactor technologies, which, if successfully commercialized, could restore leadership in the global market.
Deep dives
Shifting Public Perception Towards Nuclear Energy
Public support for nuclear energy in the U.S. has increased significantly, with 56% of Americans now favoring more nuclear power, rising 10% over the last decade. This shift in perception is partly attributed to influential figures, such as John Kerry, advocating for nuclear as a critical component in combating climate change, suggesting that it is essential for achieving climate goals. Furthermore, bipartisan support has emerged, evident in the passage of key legislation like the Advance Act and the Nuclear Fuel Security Act. However, there remains skepticism about the sustainability of this support, especially considering the challenges in building new nuclear plants and the potential for public opinion to waver as new projects face operational issues.
Geopolitical Dynamics and Nuclear Energy Competition
The U.S. faces increasing competition in the nuclear energy market from countries like China and Russia, which are rapidly advancing their nuclear programs while the U.S. has struggled to maintain its leadership. As international interest in nuclear energy rises, especially with countries seeking energy security and sovereignty, the U.S. must leverage its technological capabilities and partnerships to secure a foothold in this competitive landscape. The ongoing tensions and economic pressures associated with geopolitical conflicts, such as the Russia-Ukraine war, further highlight the importance of reliable energy partnerships. To stay relevant, the U.S. needs to promote its nuclear technologies and foster long-term relationships with countries eager to develop their own nuclear capabilities.
Technological Innovations and the Future of Nuclear Energy
The U.S. nuclear industry is witnessing a wave of innovation, with private sector players developing new reactor technologies aimed at addressing various energy needs. Concepts such as small modular reactors (SMRs) and advanced reactors signal a move toward more flexible and efficient production of nuclear energy, catering to the growing electricity demand driven by data centers and electrification. As companies like TerraPower and Xenergy make strides in reactor development, the industry aims to demonstrate that it can deliver projects on time and within budget to regain public trust. By successfully commercializing these technologies, the U.S. can position itself as a credible leader in the global nuclear market and potentially rejuvenate its domestic capabilities in nuclear energy.
As demand for clean, firm power grows in the U.S. and around the globe, nuclear energy is taking center stage. How will the incoming Trump administration shape the future of this critical technology? This week, Jane Nakano and Quill Robinson dive into the nuclear energy landscape with Jeremy Harrell, CEO of ClearPath and ClearPath Action, and Brad Plumer, climate reporter for The New York Times.
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