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Jigar Shah on the Three Big Things Driving the Nuclear Energy Revival | Odd Lots

Earlier this month, we got the surprising headline that the shuttered nuclear reactor at Three Mile Island will be restarted. Of course, Three Mile Island was the site of a famous disaster in 1979 — one of the incidents that contributed to the US pulling back on the construction of new nuclear plants. This particular reactor was shuttered in 2019, when the economics of it no longer made sense. So why the restart? And why is there generally more interest and excitement about nuclear than there has been in years? On this episode of the podcast, we speak with Jigar Shah, the head of the Loan Programs Office at the Department of Energy. We talk about the big drivers both in terms of policy and economic conditions that have created this renaissance. Read More: Microsoft AI Needs So Much Power It's Tapping Site of US Nuclear Meltdown (https://bloom.bg/3TLiaXT) Microsoft to Pay Hefty Price for Three Mile Island Clean Power (https://bloom.bg/3BmlTVI) Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots (https://www.bloomberg.com/subscriptio...) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Check out more Odd Lots:    • Odd Lots   Get the Odd Lots newsletter via https://www.bloomberg.com/account/new... And for all things Odd Lots, visit https://www.bloomberg.com/oddlots Visit our other YouTube channels: Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake   #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter:   / podcasts   For coverage on news, markets and more: http://www.bloomberg.com/video