Next fleet of nuclear power plants don't exist yet, says Radiant Energy's Mark Nelson

Market Trends & Industry Dynamics - Nuclear energy is experiencing a surge in popularity among the public, investors, utilities, and big tech companies [2] - Democrats and Republicans both support nuclear energy, indicating a bipartisan consensus [3] - China is rapidly expanding its nuclear capacity, building 10 gigawatts per year, while New York aims for 1 gigawatt in 10 years, highlighting a significant gap [3] - The demand for nuclear energy is high, leading to increased interest in finishing or restarting existing nuclear plants [7] - Congress supports nuclear energy to compete in the AI race [8] Investment Opportunities & Potential Risks - The key to success in the nuclear industry lies in assembling a "magic team" with proven technology, experienced builders, and readily available financing [4] - An investable power plant project is a great long-term deal, especially if it involves expanding existing nuclear plant sites with local support [5] - Power companies are opting to acquire existing nuclear plants or restart dormant ones rather than building new ones due to cost and time overruns [6][7] - Restarting nuclear plants like Indian Point in New York could provide cheap power to urban areas, but faces political and logistical challenges [9][11] - Intentional damage to decommissioned nuclear plants to prevent their revival is a potential risk [11][13]