US grants license for new nuclear reactor in 2026?
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Market pricing makes US grants license for new nuclear reactor in 2026? the favorite at 7%, as of .
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The United States has approved construction of the country's first commercial small modular reactor. The Nuclear Regulatory Commission released a statement to this effect. The reactor will be built in eastern Tennessee by the Tennessee Valley Authority with the commission's approval. It is a 300-megawatt nuclear reactor designed by GE Vernova Hitachi. Small modular reactors have approximately one-third the capacity of traditional nuclear plants. According to TVA, the technology is designed using prefabricated components, passive safety features, and lower land and water costs. More IZ RU news in MAX
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What is this event about?
This market will resolve to "Yes" if the U.S. Nuclear Regulatory Commission (NRC) issues a new combined license (COL) for the construction and operation of a nuclear power plant by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."
A combined license must be clearly identified as such and documented in official NRC releases. Only initial issuances count; amendments, renewals, or partial approvals do not qualify.
The resolution source will be a consensus of credible reporting.