China, South Korea, and Russia, for example, have robust nuclear energy sectors and the supply chains to back them up. But some countries never stopped developing their nuclear power industries. After decades of neglect, nuclear infrastructure and supply chains in the West have atrophied.

For one thing, the West doesn’t have nearly enough nuclear fuel to power the kind of comeback that many are expecting. A brand new Gallup poll shows that support for nuclear energy in the United States is at a 10-year high.īut there are some considerable drawbacks to the nuclear revolution.

Currently, pro-nuclear France is leading a campaign to convince the European Commission to take nuclear power’s role in the clean energy transition seriously. As the bloc scrambles to replace the historically huge role of Russian natural gas in its energy mix, many see nuclear as a clear solution. Meanwhile, in the European Union, nuclear advocates are trying to push through policy supporting nuclear power as Europe reconfigures its energy landscape in the context of its energy war with Russia. In the United States, the Biden administration has kept momentum building for a nuclear renaissance with its Inflation Reduction Act, which includes tax breaks and other incentives all along the nuclear energy supply chain. And increasingly, the public and private sectors are listening. Many advocates of nuclear power argue that we can no longer afford to ignore it as a key source of clean energy in the fight against climate change. It also doesn’t entail any of the issues with variability that are associated with wind and solar power. Nuclear has notorious drawbacks, but it’s also a proven form of carbon-free energy production, with plenty of existing infrastructure. After decades of decline in the West, a potent mix of climate goals and politically motivated energy wars have changed public and private opinion regarding the controversial energy source.

It seems increasingly likely that we are witnessing the dawn of a new nuclear era.

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