Nuclear Energy Development - US aims to rebuild the entire nuclear supply chain, including reactor technologies, uranium enrichment, and fuel fabrication [2] - The goal is to reduce reliance on foreign nuclear fuel sources, including Russia [3] - The US Department of Energy is providing grants and working with partner companies to establish a domestic nuclear fuel cycle [2] - The construction of new nuclear reactors and increased nuclear power generation are expected to drive down electricity prices and support the AI race and re-industrialization [7] - Surplus plutonium may be used as fuel in next-generation reactors [6] Timeline and Investment - Bringing the nuclear capacity online is expected to take two to three years [3] - Billions of dollars in venture capital are being invested in fusion energy [9] Government and State Support - The Trump administration and the Department of Energy are making a rapid pivot towards nuclear energy [4] - The Department of Energy will support New York and other states in developing new nuclear capacity [10] - Increased use of natural gas in the short term can lower electricity prices and home heating costs, while nuclear energy offers a medium-term solution [11]

Nuclear Energy Development - Next generation Gen 4 reactors are critical, with three reactors expected to be operational at Idaho National Lab next summer [1] - The company is supplying Halo fuel for these next generation reactors [1] - The company has committed to providing fuel to five next-generation reactor companies and plans to expand to a dozen [2] Government Support and Industry Growth - Tax credits for nuclear energy were included in a major bill to support the industry, which had been suppressed for three decades [2] - The industry may require assistance to initiate growth, even from a free market perspective [2] Future Outlook - The nuclear energy industry anticipates a transition to a free market within approximately 10 years [3] - This transition is dependent on the learning curve associated with small modular reactors, supply chain development, and volume production to reduce costs [3]