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U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says
SOSouthern Company(SO) CNBC·2024-06-27 20:53

The United States needs to build a significant number of nuclear plants to supply surging energy demand while also meeting climate goals, the CEO of Southern Company said at an event on Thursday. "It's upwards of 10 large gigawatts of nuclear power that I think we have to have going forward," the CEO said. This is equivalent to about 10 new nuclear plants with a single reactor each. The typical reactor in the U.S. produces about a gigawatt of electricity, according to the Department of Energy. Last year, th ...