The United States is 15 Years Behind China in the Development of High-Tech Nuclear Energy
In the global race towards advanced nuclear energy technology, China has surged ahead of the United States, leveraging substantial government funding, faster construction rates, and economies of scale. According to a recent study by the Information Technology & Innovation Foundation, China's aggressive state-backed approach has allowed it to outpace the U.S. by about 15 years in the development of high-tech nuclear energy solutions. China's ambitious nuclear energy program is marked by its rapid construction of 27 nuclear reactors, with an impressive average construction period of approximately seven years per reactor. This pace significantly outstrips that of other nations, showcasing China's ability to swiftly deploy advanced nuclear infrastructure. The speed and scale of China's nuclear development efforts have not only enabled quicker deployment but also facilitated economies of scale and learning by doing. These factors contribute to a positive feedback loop...
