State Momentum Strengthens the Case for NUKZ and the Nuclear Supply Chain

Core Insights - The momentum for nuclear energy is increasing in the U.S., particularly in California and Illinois, driven by carbon-free mandates and the power demands of data centers [1] State-Level Tailwinds for the Nuclear Supply Chain - California is shifting its anti-nuclear stance due to power shortages, with the Diablo Canyon Power Plant set to extend its operation through 2030, providing approximately 10% of the state's electricity and 20% of its clean energy [1] - The California Public Utilities Commission has mandated utilities to procure 6 gigawatts (GW) of new non-fossil capacity by 2032, positioning nuclear energy as a key component for grid reliability [1] - Illinois, which currently generates about 50% of its electricity from 11 reactors, is expediting the construction of new nuclear reactors following the repeal of its nuclear construction moratorium [1] - An executive order from Governor JB Pritzker aims to establish a framework for delivering 2 GW of new nuclear capacity, with construction expected to commence in 2033 [1]