The U.S. announced a plan to dramatically expand nuclear power during the next few decades, as electricity demands escalate. Why it matters: The U.S. faces an increasing electricity demand amid the expansion of data centers used for artificial intelligence,

The Biden administration on Tuesday released a roadmap for plans to triple U.S. nuclear capacity by the middle of the century. The plan sets a goal of 200 gigawatts of new capacity by 2050, more than three times the 2020 capacity.

The Biden administration announced plans Tuesday to triple U.S. nuclear energy capacity by 2050 as it aims to reach its net-zero emissions goal. Under the plan, the U.S. would deploy an additional 200 GW of new nuclear energy capacity by 2050 through the construction of new small and large reactors,