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Jun 7, 2022 - Why Nuclear Energy Is On The Verge Of A Renaissance



For some, nuclear power may conjure images of mushroom clouds or bring back memories of disturbing nuclear disasters like Chernobyle and Fukushima. But despite public fear around nuclear power, the technology has proved to be an emission-free, reliable way to produce large amounts of electricity on a small footprint. As a result, sentiments about the technology are beginning to change.

Both the U.S. government and private companies including X Energy, NuScale and, Bill Gates-backed, TerraPower are pouring money into developing, what they say will be smaller, safer nuclear reactors. CNBC visited Idaho National Laboratory to see the Marvel microreactor firsthand and learn what such developments could mean for the future of nuclear power.

After humankind discovered nuclear fission, the first applied use was the atomic bomb. The study of fission for electricity production came later.