American Jobs Plan: Biden to Nuclear Rescue

Share:

The American Jobs Plan: $2,000 billion to remedy America’s loss of global nuclear leadership. To achieve this, President Biden intends to win the technological battle for advanced reactors, while ensuring the decarbonization of the American economy by 2050.

The American Jobs Plan to revive America’s aging nuclear industry

The infrastructure plan unveiled in March 2021 makes nuclear power a central element of the US low-carbon strategy. For the nuclear industry, this is good news after more than a decade of stagnation or even decline. A total of 12 reactors have been shut down since 2010, with a dozen more to follow by 2025.

Furthermore, with the exception of the Vogtle plant in Georgia, no reactors are currently under construction. This gives the USA the record for having the oldest park in the world, with an average age of 40 years. The main reason for these difficulties is nuclear power’s lack of competitiveness in the face of American shale gas. Above all, nuclear power has seen its costs rise as a result of the tightening of safety measures following the Fukushima accident.

Vogtle power plant
The Vogtle nuclear power plant under construction in the state of Georgia.

No reactor exports since 2007

The American nuclear industry has also been unable to export its reactors for over 10 years. Westinghouse exported its last American reactor, an AP-1000, to China in 2007. As a result, the United States is experiencing a lasting weakening of its leadership in nuclear non-proliferation.

In fact, Russian and Chinese companies are now winning export contracts. Russia’s Rosatom has won 23 of the 31 reactor construction contracts worldwide since 2010. However, these contracts come with lower non-proliferation standards than in the United States, creating security problems. The issue of non-proliferation is taken very seriously in Washington, which is why it supports the nuclear industry.

Biden still bets on nuclear power

In addition to non-proliferation issues, support for nuclear power is based on its low-carbon dimension. The American president has announced an ambitious goal of decarbonizing the electricity sector by 2035. Added to this is the desire to completely decarbonize the American economy by 2050.

Today, nuclear power accounts for 20% of the country’s electricity production, including 55% of low-carbon electricity. In other words, it’s a key energy in President Biden’s ” Build Back Better ” program, designed to reduce the risk of future energy and social shocks.

Nuclear power also has the advantage of a high load factor, almost 92%. In this respect, nuclear power is far more competitive than renewable energ ies with their intermittent output.

Building SMRs and micro-reactors

However, the Biden administration considers that only advanced reactors should be built by 2050. Advanced reactors are small modular nuclear reactors (SMRs) and micro-reactors that can be transported by truck. In his infrastructure plan, the American president announced the goal of leading the world in these technologies.

35 billion dollars invested in low-carbon technologies

The plan provides for almost 35 billion euros of public investment in a range of low-carbon technologies. Of this 35 billion, nearly 15 billion will be used to finance pilot projects, including several in advanced reactors. In addition, the federal government has invested a further $46 billion in subsidizing nuclear power through direct purchases of electricity.

Making the United States the nuclear power of tomorrow

Through his American Jobs Plan, Biden intends to make the United States the leader in advanced reactor technologies. These reactors make it possible to reduce the cost of civil engineering work, which currently accounts for the bulk of a reactor’s expenditure. Their modular format also gives them an advantage in decentralized applications, in particular the decarbonization of certain energy-intensive industries.

That’s why the US Department of Energy (DoE) has launched its GAIN and ARDP programs to fund R&D. Today, the country is at the forefront of this sector through the NuScale project at theIdaho National Laboratory (DoE US). With 12 units of 60 MW each, this project is well on the way to becoming the industry benchmark.

Nuclear
Rosatom’s Akademik Lomonosov and its two 35MW reactors en route for a 5,000km journey from Pevek to Murmansk in 2019.

Chinese and Russian competition

For the United States, the challenge will be to assert itself internationally in a highly competitive environment for these technologies. Russia has launched its SMR via a floating barge, theAkademik Lomonossov, to supply remote regions of Siberia. It also plans to launch a second 55 MW prototype in the second half of the 2020s.

But it’s the Chinese players who are of particular concern to the American authorities. CGN unveiled its advanced reactor, theACPR50, for marine use as in the case of Russia. CNNC, for its part, has produced a larger-capacity SMR, the ACP100, which is used to power certain industrial complexes.

Through the infrastructure plan, the United States is positioning itself strongly innuclear energy. As the world’s largest energy producer, the country cannot do without this energy in its decarbonization ambitions. Above all, President Biden intends to win the technological battle for advanced reactors, after losing the battle for conventional reactors. In this respect, nuclear power remains more than ever a central issue in the Sino-American technological rivalry.

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
Nouakchott has endured lengthy power interruptions for several weeks, highlighting the financial and technical limits of the Mauritanian Electricity Company as Mauritania aims to widen access and green its mix by 2030.
Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
According to a report by Ember, the Chinese government’s appliance trade-in campaign could double residential air-conditioner efficiency gains in 2025 and trim up to USD943mn from household electricity spending this year.
Washington is examining sectoral taxes on polysilicon and drones, two supply chains dominated by China, after triggering Section 232 to measure industrial dependency risks.
The 2025-2034 development plan presented by Terna includes strengthening Sicily’s grid, new interconnections, and major projects to support the region’s growing renewable energy capacity.
Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.
The National Energy System Operator forecasts electricity demand to rise to 785 TWh by 2050, underlining the need to modernise grids and integrate more clean energy to support the UK’s energy transition.
Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
US President Donald Trump's One Big Beautiful Bill Act dramatically changes energy investment rules, imposing restrictions on renewables while favouring hydrocarbons, according to a recent report by consultancy firm Wood Mackenzie.
On July 8, 2025, the Senate validated the Gremillet bill, aimed at structuring France's energy transition with clear objectives for nuclear power, renewable energies, and energy renovation.
Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.