AI Summary

The development of small modular reactors and microreactors in the United States is underway, driven by the need to address challenges associated with traditional nuclear power. These new designs aim to reduce capital costs and increase siting flexibility, factors that have historically limited the expansion of nuclear power in the country. The existing nuclear capacity in the US, currently around 98 gigawatts, has not seen significant growth in recent decades due to high costs and lengthy licensing processes. The emergence of these new reactor designs may offer a potential solution to these challenges, paving the way for increased nuclear power generation in the US.

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