U.S. Energy Secretary Chris Wright announced plans to revitalize the nation’s nuclear energy sector, aiming to meet the surging electricity demand driven by advancements in artificial intelligence and other technologies.
Speaking at the World Economy Summit in Washington, D.C., Wright emphasized the administration’s commitment to deploying previously authorized congressional funds to boost domestic uranium production. He highlighted support for both small modular reactors and traditional large-scale nuclear facilities, indicating a comprehensive approach to nuclear energy development.
To facilitate this initiative, the Department of Energy is offering land at its facilities and streamlining the testing process for new nuclear technologies. Additionally, the department is supplying fuel for next-generation reactors and seeking further investment through upcoming legislation to advance new fission techniques.
Wright also expressed optimism about international collaboration, noting interest from Japan, South Korea, and Taiwan in a proposed $44 billion liquefied natural gas export project in Alaska. Discussions are underway to address trade agreements and tariffs, with the administration prioritizing this project as a national interest.
This strategic push for nuclear energy underscores the administration’s broader goal of ensuring energy independence and meeting the evolving power needs of the country.
