While Europe appears to be turning to nuclear energy, high costs are stopping the U.S. from following suit. Only the US government has the borrowing capacity for the large-scale nuclear projects that would be necessary. Chinese officials announced a plan to construct 150 new nuclear plants within the next fifteen years, the U.S. government should be taking note. Global energy markets are in turmoil over Russia’s invasion of Ukraine and the subsequent energy sanctions imposed by western nations. As we recently wrote, both renewables and nuclear energies are the two immediate beneficiaries of this conflict and the related allied response. For example, on March 19, Belgium announced a ten-year delay in the planned closure of two nuclear plants, Doel 4 and Tihange 3 while doubling its commitment to offshore wind. The most interesting aspect of the Belgian press release, especially for those seeking large amounts of base-load, fossil-free energy […]