June Virtual Press Briefing: Is a New Golden Age for Nuclear Power Dawning?

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There was already a feeling in the nuclear power industry that a great leap in the fortunes of the industry was at hand. But President Donald Trump has escalated those hopes with four executive orders.

Trump seeks to cut the time it takes to get a reactor license to a short 18 months. He is calling for the construction of 10 large reactors of the type now in use. And he is endorsing everything along the nuclear power chain, from uranium mining to waste disposal to the deployment of small modular reactors.

In all, the president wants to quadruple nuclear power production by 2050.

It is exciting. It is breathtaking. It is dramatic. It is needed.

But is it feasible?

Definitely some new reactors are likely to be built, driven by the big tech companies that are desperate for the power for their data centers and prepared to use some of their wealth to that end. Witness Microsoft’s commitment to restarting the undamaged reactor at Three Mile Island in Pennsylvania, and Meta’s commitment to extend the life of the Clinton Plant in Illinois by 20 years.

The question is whether the big techs go all the way and change the landscape by commissioning new-build nuclear plants. Also, will the administration provide “backstop” guarantees for first-of-a-kind new plants, especially SMRs?

The United States Energy Association’s virtual press briefing, set for Wednesday, June 11, at 11 a.m. EDT, will examine the new golden age of nuclear power when senior reporters who cover energy will question nuclear power experts in a collegial atmosphere.

These briefings, which are broadcast live on Zoom, are open to the press and the public. They are free, but registration is required.

Following the briefings, a recording is available on the USEA website usea.org and the Energy Central website energycentral.com. Also, recordings can be found on Apple and Spotify.

The briefings are organized and moderated by Llewellyn King in collaboration with USEA President and CEO Mark Menezes.

On the June 11 expert panel:

  • James Schaefer, Guggenheim Partners
  • Scott Hunnewell, VP of New Nuclear, TVA
  • Cyril Draffin, Senior Fellow for Advanced Nuclear, USNIC
  • Shanthi Muthiah, Managing Director and Senior VP, ICF
  • James Walker, CEO, NANO Nuclear
  • Steve Chengelis, VP, Energy Supply and Nuclear Development, EPRI
  • Benton Arnett, Senior Director of Markets and Policy, NEI

The reporter panel:

  • Matthew Daly, The Associated Press
  • Jennifer Hiller, The Wall Street Journal
  • Tim Gardner, Reuters
  • Matt Chester, Energy Central
  • William Freebairn, S&P Global
  • Markham Hislop, Energi (Canada)

Speakers

Jennifer Hiller

Reporter
The Wall Street Journal

Matt Chester

Reporter
Energy Central

Matthew Daly

Climate Change Reporter
The Associated Press

Markham Hislop

Publisher and Journalist
Energi Media

James Schaefer

Senior Managing Director
Guggenheim Partners

Steve Chengelis

Director of Research and Development Future Nuclear
EPRI