New company has big nuclear plans

July 29, 2024, 3:03PMNuclear News

The recent start-up 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.