Smaller-scale nuclear-power proposals are getting a boost of federal support under the recently passed climate, healthcare and tax bill. Now their backers must prove the projects can be delivered on time and on budget.
Investor interest in what are known as advanced reactors—pitched as the next generation of nuclear power—has grown in recent years because the reactors are potentially cheaper and faster to build than their predecessors. But their economics are unproven and none are currently under construction in the U.S.