{
}
U.S. states are competing to attract advanced nuclear power projects, with over 30 initiatives planned by the early 2030s. While these smaller, modular reactors promise to be cheaper and faster to build, they face challenges such as regulatory scrutiny, public skepticism, and competition from renewable energy sources. Despite federal support and legislative backing, the future of these reactors remains uncertain, as no modular reactors are currently operational in the U.S.
In South Texas, dormant uranium mines are reopening as part of a push for a nuclear renaissance, driven by rising energy demands from high-tech industries. Despite local opposition and concerns over groundwater contamination, state regulators have approved permits for new mining operations, with significant investments anticipated in domestic uranium production following disruptions in supply chains. The renewed interest in nuclear energy is fueled by a national goal to triple capacity by 2050, amidst a backdrop of geopolitical tensions and a shift towards zero-carbon energy sources.
Texas Governor Greg Abbott is intensifying his stance against China, urging the state government to divest from investments in the country. This move reflects a growing antagonism towards Chinese interests, aligning with the broader political climate under President-elect Donald Trump.
China's CSI 300 index plummeted 3%, marking its steepest decline since October 9, following Texas Governor Greg Abbott's directive for state agencies to divest from investments in China. The Governor cited the Chinese Communist Party's actions as increasing financial risks, mandating a halt to new investments and urging immediate divestment of existing ones.
Greg Abbott
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
states compete for advanced nuclear power amid growing energy demands
United States Dollar
Amazon.com, Inc.
Google Inc.
Tennessee Valley Authority
USA
Edwin Lyman
Donald Trump
Bill Lee
Stuart Adams
Joe Biden
Spencer Cox
Greg Abbott
Brendan Kochunas
Kathryn Huff
Show more
05:03 29.03.2025
Texas Uranium Mining Resurgence Sparks Controversy Amid Nuclear Energy Push
United States Dollar
ExxonMobil
Uranium Energy Corp.
Rio Grande Resources
Dow Inc.
enCore Energy Corp.
Conoco-Phillips
USA
David Michaelsen
Joe Biden
Jamie Walker
Reed Clay
Colin Leyden
Terrell Graham
Greg Abbott
Show more
08:00 07.12.2024
Texas governor calls for divestment from Chinese investments amid rising tensions
17:52 22.11.2024
Texas Governor calls for divestment from Chinese investments amid market turmoil
12:36 22.11.2024
Trending
Subcategory
Corporate News
Startups & Entrepreneurship
Economic Indicators
Global Trade Developments
Market Analysis and Predictions
Countries:
Companies:
Currencies:
People: