Catherine Clifford of CNBC reports on Silicon Valley’s growing interest in nuclear energy.
- The need to produce reliable, carbon-free energy is making Silicon Valley a major investor in nuclear power.
- From 2015 to 2021 nuclear energy-related investments in the U.S. rose by 325% by volume and 3,642% by dollar value, which was markedly more than total venture capital deals which rose by 54% in terms of deals closed and 294% by dollar value.
- Fusion power alone has seen $5 billion raised, the majority of which has come since the second quarter of 2021.
Read the full article here.