Government Energy Policy, Business and Technology

DOE gives $60M for advanced nukes, but industry wants better regs

Utility Dive: Large nuclear reactor projects have faced myriad issues and ran overbudget in recent years. The first new nuclear capacity in the United States in this century, Watts Bar Unit 2, was brought online by Tennessee Valley Authority in 2016. South Carolina has scrapped the V.C. Summer nuclear expansion, while Georgia is continuing on with an expansion of the Vogtle plant despite costing billions more than expected and taking years longer to complete.

But while there is diminishing interest in mammoth reactor projects, there is a growing belief that smaller reactors might be the industry's future. NEI's report highlights the need to streamline and scale back regulations along with nuclear developments.

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