Nuclear power isn’t one-size-fits-all

Summary

• Nuclear energy has re-emerged as a central topic in power discussions due to rising electricity demand & tightening supply-demand dynamics.
• Nuclear power encompasses a wide range of reactor designs & sizes, each with distinct economics, risks, & deployment pathways.
• Large reactors range from 1,000 to 1,200 megawatts (MW) & provide consistent, high-capacity power to the grid.
• Small modular reactors range from roughly 20 to 300 MW & offer greater flexibility in deployment locations & methods.
• Microreactors are 20 MW or less & are designed for niche or off-grid applications where reliability, autonomy, or energy security are key.
• The analysis was prepared by the Bank of America Institute & BofA Global Research.
• Liz Everett Krisberg serves as Head of the Bank of America Institute & David Michael Tinsley is a Senior Economist at the Institute.
• Rinny Singh is an Analyst at BofA Global Research.
• The materials are for general information purposes only & do not constitute investment, legal, accounting, or tax advice.
• Views expressed are solely those of the Bank of America Institute & individual authors, not necessarily reflecting the views of BofA Global Research or other Bank of America departments.