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Nuclear Power Is Making a Comeback: What Will It Take to See Meaningful Growth?

October 2, 2023

There are many reasons for the nuclear power industry to feel optimistic about the future. For example, the entry of Vogtle Unit 3 into commercial operation on July 31 was a significant milestone and one worth celebrating. Meanwhile, Vogtle Unit 4 is in the final stages of construction and is expected to enter service by the first quarter of 2024. The completion of these units offers many lessons that the industry can use going forward.

SMR and Microreactor Projects Abound

Gigawatt-scale nuclear plants aren’t the only options available today, however. Small modular reactors (SMRs) and microreactors are quickly gaining momentum.

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