New Research: Nuclear Power in the US
JFI’s Financing the Energy Transition team has inaugurated a new research series on green technologies in the United States with an in-depth examination of the costs and financing of nuclear power.
“Decarbonizing the global energy system will, in virtually every scenario,
require leveraging nuclear power. At the recent COP28 climate conference,
twenty-two countries called for a tripling of global nuclear capacity within
the next twenty-six years. Yet in the United States (and Europe), the recent
trend has been one of contraction, rather than expansion. A US and European
nuclear renaissance faces several roadblocks, three of which we highlight in
this report: construction costs, visibility into the nuclear fuel cycle, and
financing and offtake.”