Joint Announcement on the Japan-U.S. Strategic Investment
It seems Japan is investing 40 billion dollars in small modular nuclear reactors through joint projects with the United States. The recent plan marks a shift back toward nuclear technology to support economic expansion while some nations in Europe continue to deindustrialize. Small Modular Reactors (SMRs) are also necessary to support rapidly rising electricity demands required to implement new and massive Cloud and AI data centers. And by working with the United States, Japan is strengthening its role in next generation reactor technology, which may be surprising given that the nation suffered substantially from the 2011 earthquake and Fukushima nuclear accident.
The announcement also helps move SMRs from early development into real world deployment. This effort could shape global energy strategy for decades and enable new opportunities for economic development for hundreds of millions, even billions, of people. Imagine all the nations around the world wrecked from hundreds of years of colonization now getting badly needed, unlimited, reliable power. It’s time to build.