Next-Gen Nuclear Reactors Are Coming to US, Wright Says

Nuclear Energy Development - The industry anticipates the deployment of next-generation small modular reactors, with expectations of having one operational before July 4th of the following year and several more throughout the year [1] - The industry believes demonstrating the entire nuclear system's operation will accelerate final permitting, sales, and commercialization of reactors [2] - The industry projects commercial electricity from fusion energy could be available in as little as 8 years, and is unlikely to exceed 15 years [4] Energy Policy and National Security - The administration's goal is domestic prosperity and peace abroad, both closely linked to energy [5] - The administration aims to provide low-cost, abundant, and affordable energy to lower costs for Americans and boost businesses [6] - The US aims to replace Europe's energy dependence on Russia with US energy sources [6] - The US assures Europe it can increase natural gas exports as a secure partner and sees enthusiasm for American nuclear technology [7] Energy Costs and Grid Capacity - The administration is committed to lowering energy prices in the US, particularly for gasoline, diesel, and oil products [8] - The administration is permitting new electric generating capacity that will cost less than half of what was built under the previous administration [9] - Adding new capacity to the grid will take time for overall grid costs to decrease meaningfully [10] Climate Change Perspectives - A report deemed the threat of climate change as exaggerated, but there is no dispute about temperature and sea level data [12] - The report aimed to popularize data often ignored by climate alarmists and politicians, with 90% of its content sourced from Intergovernmental Panel on Climate Change Reports [13] - The report's data on temperature, sea level, and models faces little disagreement, with complaints mainly focusing on future projections [17] - Climate change is considered a real phenomenon but wildly exaggerated and misrepresented [18]