Nuclear Industry to Add 15 Reactors Next Year After 2025 Decline

The nuclear industry is expected to switch on 15 reactors globally in 2026, a big jump after total capacity actually shrank by 1.1 gigawatts this year, according to BloombergNEF.

Just two new reactors went into service this year through November and seven shut down, BloombergNEF said in a report published Monday. About 12 gigawatts of fission power will be added in 2026, including at the Palisades plant in Michigan that is being revived. However, it will likely be several years before any new traditional nuclear projects in the US are completed.