Japan Flips Nuclear Policy, Proposes Building New Plants

Its second object is to build new next-generation plants.

Similar plants are being developed in the US by a company called X-Energy.

Meanwhile, Bill Gates-backed TerraPower isbuilding one of its next-gen plants in Wyoming.

Though approved by a panel, the policy still needs to be submitted to Japan’s Diet parliament.

Prime Minister Fumio Kishida’s Liberal Democratic Party holds a majority in both of the Diet’s two houses.

The turnaround reflects a changing perception of nuclear power over the decades.

That’s fallen to just below 7% in 2021.