The media have gleefully resurrected the language of a past nuclear renaissance. Beyond the hype and PR, many people in the nuclear community are taking a more measured view of conditions that could lead to new construction: data center demand, the proliferation of new reactor designs and start-­ups, and the sudden ascendance of nuclear energy as the power source everyone wants—or wants to talk about.

Once built, large nuclear reactors can provide clean power for at least 80 years—outlasting 10 to 20 presidential administrations. Smaller reactors can provide heat and power outputs tailored to an end user’s needs. With all the new attention, are we any closer to getting past persistent supply chain and workforce issues and building these new plants? And what will the election of Donald Trump to a second term as president mean for nuclear?

As usual, there are more questions than answers, and most come down to money. Several developers are engaging with the Nuclear Regulatory Commission or have already applied for a license, certification, or permit. But designs without paying customers won’t get built. So where are the customers, and what will it take for them to commit?

The Department of Energy has offered up to $80 million of Inflation Reduction Act funding to back potential advancements in high-assay low-enriched uranium production. The new funding opportunity, announced in December, will prioritize technological advancement developing innovative technologies and approaches to strengthen the front-end of the HALEU supply chain. Applications are due by 5:00 p.m. (EST) on February 26, 2025.

Just days before COP27 and the U.S. midterm elections, the White House announced $1.55 billion in Inflation Reduction Act (IRA) funding for national laboratories and the launch of a Net-Zero Game Changers Initiative based on a new report, U.S. Innovation to Meet 2050 Climate Goals. Out of 37 research and development opportunities identified, fusion energy was selected as one of just five near-term priorities for the new cross-agency initiative. Together, the announcements signal policy and infrastructure support for fusion energy—the biggest chunk of Department of Energy Office of Science (DOE-SC) IRA funding went to ITER, via Oak Ridge National Laboratory—and for advanced nuclear technologies to power the grid and provide process heat to hard-to-decarbonize industrial sectors.

Since at least June of last year—when TerraPower and PacifiCorp announced plans to site the Natrium reactor demonstration project at one of Wyoming’s retiring coal plants—the concept of repurposing those plants to host nuclear reactors has been a popular topic of conversation among the energy cognoscenti.

The Department of Energy announced $150 million in Inflation Reduction Act funding on October 25 for infrastructure improvements at Idaho National Laboratory. According to the DOE, the funding will support nearly a dozen projects at INL’s Advanced Test Reactor (ATR) and Materials Fuels Complex (MFC), both of which have operated for more than 50 years. The investments in existing infrastructure assets mean support for nuclear energy research and development, including fuel testing, bolstering the near-term supply of high-assay low-enriched uranium (HALEU), and reactor demonstrations.

The American Nuclear Society is offering the hour-long members-only webinar “Inflation Reduction Act: What's in it for nuclear?” on Friday, August 26, starting at 1:00 p.m. EDT.

What it’s about: With the Inflation Reduction Act (IRA) now signed into law, an expert panel will discuss its impact on nuclear in the coming years. The panelists will explore what it will mean for existing nuclear power plants, the deployment of advanced reactors, the production of high-assay low-enriched uranium (HALEU), hydrogen, and more.

Register now for the webinar.