Texas eyes nuclear expansion, identifying 61 sites for new reactors to boost electricity and economy.

Texas is exploring the expansion of nuclear energy to meet rising electricity demands, identifying 61 potential sites for advanced nuclear reactors. Governor Greg Abbott supports the initiative, aiming to enhance grid reliability and economic growth. The report suggests creating a Texas Advanced Nuclear Energy Authority and a state-backed loan program to support development. This could create 148,000 jobs and add $50.6 billion to the economy, addressing increased demand from sectors like cryptocurrency mining and AI data centers.

November 18, 2024
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