Biden administration sets out plan to triple nuclear power capacity

The Biden administration on Tuesday released a roadmap for plans to triple U.S. nuclear capacity by the middle of the century.

The plan sets a goal of 200 gigawatts of new capacity by 2050, more than three times the 2020 capacity. This will require the development of multiple new power sources, including large and small modular plants, as well as upgrades to existing reactors and restarting retired ones. This includes adding 35 gigawatts of new capacity by 2035 and a goal of 15 gigawatts per year by 2040.