U.S. sets aside $350 billion to boost nuclear capacity by 63% by 2050

The United States, under the Trump administration, is planning a gigantic nuclear build-out that will cost $350 billion and raise reactor output by 63% by ￰0￱ to a report released Monday by Bloomberg Intelligence, the expansion will add 53 gigawatts of new capacity to the existing fleet and bring total ￰1￱ generation to 159 ￰2￱ main reason behind this growth is the surge of artificial intelligence data centers that need far more electricity than the grid currently ￰3￱ Intelligence said the country’s push is driven by a demand for carbon-free fission power as utilities scramble to keep up with the coming wave of electricity ￰4￱ report also noted that building new nuclear projects in the ￰5￱ faces heavy costs, slow construction schedules, and shortages of skilled workers, fuel supply issues, and regulatory ￰6￱ study pointed out that only three traditional reactors have been completed in the ￰7￱ century, and none are under construction ￰8￱ those barriers, the report said plainly, “U.

S. nuclear power is primed for a resurgence.” AI energy demand fuels $350 billion nuclear investment The research explained that this projected rise in nuclear output, though large, still falls short of official ￰9￱ Biden administration last year set a goal to triple national capacity by 2050, while President Donald Trump issued executive orders in May aiming to quadruple output from ￰10￱ Intelligence stressed that these government targets are far above its current ￰11￱ report explained that most of the new capacity will come from small modular reactors, or ￰12￱ are a new type of nuclear technology designed to be cheaper and faster to install than traditional ￰13￱ of companies are developing SMR designs, but none have yet been built inside the ￰14￱ Intelligence forecasted that the scale-up will begin slowly, with only 9 gigawatts of new nuclear capacity, of any kind, coming online in the next ￰15￱ projected that widespread SMR deployment will not begin until after ￰16￱ data shows a major shift for an industry that has been largely stagnant for ￰17￱ it also underlines the gap between official ambitions and what the market analysis expects to ￰18￱ to Bloomberg Intelligence, the combination of AI-driven demand , unproven SMR technology, and existing infrastructure problems means the ￰19￱ move ahead but at a measured ￰20￱ figure in the report points to a massive but complex nuclear effort that will change how the country produces electricity over the next 25 ￰21￱ up to Bybit and start trading with $30,050 in welcome gifts