New Jersey Makes Strong Investment in Small Nuclear Reactor Technology


New Jersey Leads Global Nuclear Renaissance with SMR Technology

The pioneering state in deploying next-generation nuclear reactors

The global nuclear energy market is witnessing a significant turning point in New Jersey, where officials have formally enacted legislation to initiate a competitive bidding process to evaluate and select a minimum of 1,100 megawatts (MW) of nuclear power. This energy is expected to come from next-generation nuclear projects such as Small Modular Reactors (SMRs), a technology gaining increasing attention worldwide for its scalability and relatively lower costs compared to traditional large-scale nuclear power plants.



New Jersey currently derives a substantial portion of its electricity from nuclear energy. Presently, 40% of the state's energy and 80% of its clean energy comes from conventional nuclear power plants. Now, the state aims to lead in the deployment of advanced generation nuclear technologies.



"Serious consideration of additional nuclear energy supply sources will meet our energy needs," said New Jersey Senator Burzichelli. "Advanced nuclear energy is clean, reliable, and enhances our long-term energy security."



Nuclear Energy Bidding Process

This legally mandated bidding process includes a rigorous evaluation pathway for the New Jersey Board of Public Utilities (NJBPU) to solicit and select expressions of interest for advanced nuclear technologies. A streamlined timeline is essential to meet the state's growing energy demands, which are being driven by the proliferation of data centers and other energy-intensive infrastructure to support the technology sector.



"This new law is a significant step toward increasing base load capacity, improving grid reliability, and ensuring the state has adequate energy to support residents, businesses, and economic growth," wrote Erick Ford, President of the New Jersey Energy Policy Alliance, in a recent press release.



The New Energy Landscape

With the explosion of artificial intelligence (AI) requiring increasingly 24/7 energy, the development of clean, continuous base-load energy has become more important than ever. In this context, nuclear energy is increasingly becoming the clear choice due to its ability to produce consistent, high-capacity power without greenhouse gas emissions.



However, in the United States, the nuclear revolution has been hampered by extremely high development costs and miles of administrative red tape. This is where SMRs come into play.



Benefits of SMR Technology

This new technology offers several advantages over traditional nuclear reactors:


  • The smaller modular design can be factory-built and then installed at the site with a fraction of the cost
  • They feature passive safety systems that make them safer than full-scale plants
  • Output can be easily and quickly adjusted

"This flexibility helps balance the grid during extreme weather events, which often cause sudden disruptions to less flexible infrastructure," a recent report by Interesting Engineering emphasized.



FeatureTraditional ReactorsSmall Modular Reactors (SMRs)
Capacity1,000+ MW50-300 MW
Construction Time10+ years3-5 years
Construction CostExtremely highSignificantly lower
Safety FeaturesHighExtremely high (passive)

Federal Policy and Challenges

The Trump administration has been particularly supportive of building advanced nuclear technologies, including SMRs, in the United States as part of its goal for "American long-term dominance in the global nuclear energy market." Executive Order 14301, issued by Trump in May 2025, mobilizes resources from the Department of Energy's Reactor Demonstration Program to accelerate the testing and commercialization of advanced nuclear technologies to bring them to commercial scale.



However, some critics argue that this focus is misguided and that concentrating on next-generation technology may be undermining Trump's goal of quadrupling the nation's nuclear power production capacity by 2050. A recent commentary in the Wall Street Journal argued that "The government is pursuing unproven technology when it could encourage Wall Street investment in large-scale reactors."



Global Competition

Moreover, the Trump administration's desire to keep America at the forefront of nuclear deployment and innovation may be too late. China has been building nuclear capacity, including advanced technologies, at a breakneck pace, and is on track to surpass the United States and France to become the world's largest nuclear energy producer in the coming decade.



"With a wide margin, China will have the world's most dynamic and important nuclear industry by 2035," a Gavekal Technologies analyst recently told the South China Morning Post. "Construction efficiency means China can build a new plant in about six years, compared to over a decade for the newest Vogtle reactors in the US."



Conclusion

New Jersey's new law will certainly be a successful strategy for the state's energy security and clean energy goals, but it is essentially a drop in the ocean compared to the Beijing-led development.



In the context of rising global energy demand and pressure to reduce greenhouse gas emissions, New Jersey's pioneering approach to SMR deployment could pave the way for a new chapter in American energy history. However, to effectively compete with other major powers like China, deeper reforms in the permitting process and financial support for advanced nuclear projects are needed.