“Small modular nuclear reactors are 'still 10 years away at scale in the best scenarios,' and the opportunities to restart existing nuclear reactors are limited — while 'renewables and battery storage are the lowest cost form of power generation and capacity. And we can build these projects and get new electrons on the grid in 12 to 18 months.'”

Resolvable in 2035 on whether SMRs are deployed at scale; NextEra itself has since identified 6 GW of SMR co-location opportunities but says it will only proceed with de-risked projects.