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The Biden administration has announced a plan to triple US nuclear capacity by 2050, targeting an additional 200 GW through new reactors, plant upgrades, and restarts, with an interim goal of 35 GW by 2035. This strategy addresses previous obstacles, including skilled...
Stock Volatility: Constellation Energy's stock dropped 12.5% following the FERC's rejection of a nuclear power agreement, reflecting broader declines in the nuclear sector despite a year-to-date increase of over 90% in its share price. Tech Investments: Major tech...
CareIntellect for Oncology: GE HealthCare's new AI application streamlines the workflow for oncologists by summarizing patient data and monitoring treatment adherence, helping to alleviate the burden of data management and allowing doctors to focus on patient care....
Recommissioning Dormant Plants: The Biden administration is reviving decommissioned nuclear power plants, such as Michigan’s Palisades and Pennsylvania's Three Mile Island, to meet growing clean energy demands and reduce carbon emissions. Focus on SMRs and Advanced...
Major banks pledge support for nuclear energy: Fourteen global financial institutions, including Bank of America, Barclays, and Goldman Sachs, have committed to supporting nuclear energy, aiming to triple global nuclear capacity by 2050 as part of climate...