Optimism About Nuclear Energy Is Rising Again. Will It Last?
AI Summary
Optimism is growing for a new generation of nuclear power plants, particularly small modular reactors. Companies like Kairos Energy are developing these reactors, aiming for cheaper and more easily assembled designs than traditional plants. Kairos Energy is currently constructing a plant in Oak Ridge, Tennessee, with hopes of being one of the first of these new reactors. The industry aims to provide cheap energy for growing demands, including artificial intelligence. Despite the potential, the nuclear industry has historically faced challenges with project completion, steep costs, and safety concerns. While the U.S. has the most nuclear reactors, China has built significantly more new ones in recent years.
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