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      Reality of the road ahead

      Craig Piercy
      cpiercy@ans.org

      As 2025 winds down, it seems nuclear energy in the U.S. is now well on its way toward a renaissance, or resurgence, or whatever optimistic term you may use in your daily conversations.

      New reactor designs, projects, and partnerships are being announced on a near-weekly basis; valuations of publicly traded nuclear companies are hovering near all-time highs; and AI’s thirst for reliable, clean electricity remains largely unquenched. The overall investment climate for nuclear energy has thawed dramatically. These days, it seems everyone from big Wall Street banks to individual investors is trying to get a piece of the nuclear action.

      It’s the perfect time to talk about failure.

      Yes, I know “nuclear failure” is not a topic on which we in the nuclear community like to dwell. For those of a certain age, it brings back bad memories of events beyond our control that shifted the trajectory of companies, careers, and lives for decades.

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Economic Analysis of Fast Reactors

Transactions | Volume 96 | Number 1 | June 2007 | Page 125

Track 3: Fuel Cycle, Waste Management, and Decommissioning Technologies

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