New company has big nuclear plans

July 29, 2024, 3:03PMNuclear News

The recent startup The Nuclear Company announced plans this month to deploy a series of nuclear reactors by the mid-2030s using a “design-once, build-many approach.”

The venture-capital-funded firm wants to use proven, licensed technology and target sites that already have some level of licensing approval from the Nuclear Regulatory Commission to build enough reactors to produce 6 gigawatts of electricity across the country.