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.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.