New Jersey Bets Big on Small Nuclear Reactors
India Proposes Stricter Vehicle Emission Rules To Cut Oil Consumption Colombia's incoming President Abelardo de… Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… The newest frontier for the global nuclear renaissance is none other than New Jersey.
This month, the state officially enacted a law launching a competitive procurement process to review and select a minimum of 1,100 megawatts (MW) of nuclear power.
That power is set to come from next-generation nuclear power projects such as small modular reactors (SMRs), which have been receiving increasing attention on a global scale for their potential to scale at a relatively affordable price tag as compared to traditional large-scale fission reactors.
New Jersey already sources a large amount of its electricity from nuclear energy.
At present, 40 percent of the state’s energy and 80 percent of its clean energy come from traditional nuclear power plants.
But now the state wants to be at the vanguard of innovative next-gen nuclear rollouts as well.
“Giving serious consideration to additional supplies of nuclear power would serve our energy needs,” said New Jersey Senator Burzichelli.
“Advanced nuclear power is clean, reliable and strengthens our long-term energy security.” The legally binding procurement process includes a strict review timeline for the New Jersey Board of Public Utilities (NJBPU) to compile and select expressions of interest for advanced nuclear technologies.
A quick timeline is needed in order to keep up with the state’s ballooning energy needs, which are being driven up at a rapid clip thanks to the buildout of data centers and other energy-hungry infrastructure to support the growing tech sector.
“This new law is an important step toward increasing base load capacity, improving grid reliability, and ensuring our state has the energy needed to support residents, businesses, and economic growth,” Erick Ford, President of the New Jersey Energy Policy Coalition, wrote in a recentpress release.
With the artificial intelligence boom demanding more and more energy 24 hours a day, seven days a week, building out round-the-clock, baseload clean power sources is more important than ever.
Against this backdrop, nuclear is anincreasingly obvious choicefor its ability to produce constantly and at high capacity without producing greenhouse gas emissions.
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