President Donald Trump's renewed push for nuclear energy at the World Economic Forum in Davos has sparked fresh optimism across the nuclear sector. The Trump administration plans to seek interest from states as soon as this week on storing nuclear waste in exchange for incentives to build new reactors, marking a significant shift in addressing one of the industry's biggest challenges.
The move tackles a critical bottleneck that has stalled nuclear expansion for decades. Radioactive waste currently sits in temporary storage at nuclear power plants across the country. A previous plan to centralize storage at Yucca Mountain in Nevada collapsed under President Barack Obama due to fierce local opposition.
