Setting expectations in a nuclear "moment"
Craig Piercy
cpiercy@ans.org
If you are in the nuclear world, it is hard to enter 2022 without a sense of optimism. Nuclear is enjoying a moment right now. Not a day goes by where there isn’t some new story on nuclear and climate or the development of new and advanced technologies, both fission and fusion.
On the business side, a flurry of deals and partnerships have been struck, and more start-up capital has flowed into nuclear energy projects in the past six months than in the previous three years combined. Soon, you will be able to buy shares of NuScale on Nasdaq under the ticker symbol “SMR.” On the policy side, the Infrastructure Investment and Jobs Act is now law, providing roughly $8 billion in “guaranteed money” for both advanced reactor demonstrations and support for the operating fleet, potentially more if nuclear is competitive in the cross-cutting funding initiatives created and funded in the legislation.
