Prosperity One adds fuel to US uranium growth story. Venture capital-backed The Nuclear Company is planning to build a large-scale nuclear reactor site in the US with the potential to generate around 6.6 gigawatts of electricity. The company's Prosperity One Project is proposed to hold up to six Westinghouse AP1000 reactors in eastern Kentucky. Once built, the project will be host to the largest nuclear power campus in the US and one of the largest worldwide. According to The Nuclear Company, the project is a response to US President Donald Trump's call to grow domestic energy production. Through his executive order titled 'Reinvigorating the Nuclear Industrial Base', the President hones in on building nuclear power at scale. His goal is to quadruple US nuclear capacity by 2050. Construction on the project is proposed to commence in 2028, with no known date yet for commercial operations. The company plans to work closely with the US Department of Energy (DOE), the Nuclear Regulatory Commission, the Commonwealth of Kentucky, and local stakeholders to advance the project. It will also take into account all necessary safety, environmental, and regulatory requirements. Demand is data-driven. Constellation Energy (NASDAQ:CEG) has been pushing forward with investment deals. These deals involve new electricity generation alongside plant upgrades, driven by the surge in data centre power requirements. Constellation has inked deals with both Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL). The company has now announced a conditional loan commitment of up to US$5 billion ($7.09 billion) from the DOE to fund upgrades at its nuclear plants across three states. According to a Reuters report, US Energy Secretary Chris Wright says his department's loan office has hundreds of billions of dollars in financing available to support the country's nuclear ambitions. Constellation's latest funding commitment will go towards uprates at eight different facilities in Illinois, Maryland, and Pennsylvania, adding almost 1.1 gigawatts of capacity. This is enough to power 930,000 homes. Following news of the funding, shares in Constellation rose 2.6%. Labour and supply chains under pressure. Wood Mackenzie notes that building The Nuclear Company's proposed nuclear campus is a way to reduce costs and minimise overruns. This is because key capabilities developed on one reactor can be transferred to the next. That said, analysts have posed critical questions about the plan, as well as some of the US' other nuclear ambitions - whether the nuclear workforce and supply chain can keep up with the intended growth. Analysts at Wood Mackenzie note that the US is in the midst of a serious energy construction boom, with data centre construction being largely responsible for driving the investment in power generation. The rapid expansion is putting a strain on the labour market. According to the DOE, 63% of employers in the manufacturing industry this year are reporting difficulties in hiring the staff they need. The National Centre for Energy Analytics has estimated that in a mid-range scenario, employment in the nuclear energy sector needs to grow from about 58,000 today to over 79,000 in 2030. Wood Mackenzie says capacity in the workforce and in the supply chain are key factors that will limit the growth of the nuclear industry in the coming years. The Nuclear Company has highlighted the substantial workforce benefits of the project, with each reactor having the potential to employ up to 4,500 workers at its peak during construction. Once in operation, the DOE says each plant can then employ between 500-800 full-time employees. According to a DOE survey from December 2025, the nuclear industry boasts some of the highest salaries across the US energy sector. Nuclear engineers make a median wage of US$127,520 per year. Nuclear power reactor operators earn US$122,610, while nuclear technicians make $104,240. The Nuclear Energy Institute concurs, noting that the median wage in nuclear generation as of 2023 was 52% higher than the rest of the power industry, and over twice the national US median across all jobs. The DOE says a strong pipeline of young talent is necessary as the country's nuclear sector accelerates, with next-generation advanced reactors coming online in the coming decades. President Trump's executive order on nuclear energy looks to bring more Americans into the nuclear energy workforce, as it includes plans to expand technical education and apprenticeship programs for the industry. As the US pushes ahead with plans to dramatically expand nuclear generation capacity, attention is increasingly turning to the fuel needed to power that growth. New reactor developments such as Prosperity One, alongside upgrades at existing facilities, underscore the scale of uranium required in the future to support a larger nuclear fleet. While workforce availability remains a key challenge, securing reliable uranium supply is equally critical if the US is to achieve its goal of quadrupling nuclear capacity by 2050. Main image: The Nuclear Company Amy Rotman is a mining-focused editor and content strategist with extensive experience across industry media and investor engagement. She curates expert interviews, corporate news updates, and market insights that highlight global mining trends and investment opportunities.

The Nuclear Company announces Prosperity One, a 6.6 gigawatt nuclear power campus in Lewis County, Kentucky. 21 Oct, 2026, 12:00 IDT The proposed campus could deploy up to six Westinghouse AP1000 reactors along the Ohio River, establishing Kentucky's first commercial nuclear power project and marking the largest nuclear power generation site in the United States. LEWIS COUNTY, Ky., Oct. 21, 2026 /PRNewswire/ - The Nuclear Company today announced Prosperity One, a proposed nuclear energy campus in Lewis County, Kentucky, that could accommodate up to six Westinghouse AP1000 reactors generating approximately 6.6 gigawatts of electricity. Located along the Ohio River in eastern Kentucky, the proposed development would become the largest nuclear power campus in the United States and one of the largest in the world if fully constructed. The project answers President Trump's call to accelerate American energy production and represents a major step toward restoring America's ability to build nuclear power at scale while bringing a new generation of industrial investment, skilled jobs, and long-term economic opportunity to a region that helped power the nation for more than a century. The Nuclear Company, which has site control in the area, will partner with local landowners and community leaders in Lewis County to advance the proposed campus. The company plans to begin site development activities and pursue the federal approvals necessary to begin construction in 2028. "For generations, communities along the Ohio River have formed America's industrial backbone," said Joe Klecha, Chief Nuclear Officer for The Nuclear Company. "We are proud to partner with the community to apply our team's collective experience to deliver lasting jobs, a stronger tax base, and reliable power for Kentucky." Klecha, a former licensed senior reactor operator, brings 33 years of nuclear experience - from U.S. Navy nuclear submarines to operations leadership at some of America's largest nuclear fleets. At Vogtle Units 3 and 4, he held construction and operational readiness leadership roles. The Nuclear Company's Services division has performed maintenance at more than 40 percent of America's current operating nuclear power facilities. The Nuclear Company's approach is grounded in the belief that major infrastructure projects succeed when the communities hosting them are active participants in their development. Project planning will address transportation, housing, environmental stewardship, emergency preparedness, water use, and other considerations associated with developing a nuclear campus of this scale. Sam Howard, a lifelong resident of Lewis County, owns the site and has partnered with The Nuclear Company to advance the project. He shares a vision for the large infrastructure buildout that would support local jobs and community economic development. "I have nine grandchildren, and all of them live in Lewis County. I want them to have the opportunity to stay," said Howard. "For years, our county's unemployment rate has been among the highest in the state. An infrastructure project like this could provide jobs and economic opportunities for generations of Eastern Kentucky residents. I am proud to help advance this development." Lewis County will be among Kentucky's first counties to request designation as a nuclear ready community under the Kentucky Nuclear Energy Development Authority. County leaders unanimously launched the effort in July 2026, held public input meetings, and earlier this month voted overwhelmingly to submit the county's filing to the Authority. With the proposed site identified, The Nuclear Company is preparing to advance the engineering, environmental, regulatory, and commercial work required to move Prosperity One toward construction. Initial activities will include detailed site characterization, geotechnical investigations, environmental assessments, transmission interconnection planning, and preparation for federal nuclear licensing. As part of the approval process, TNC will engage the Nuclear Regulatory Commission through its established licensing processes, with the objective of obtaining the necessary approvals to begin construction in 2028. About the Nuclear Company The Nuclear Company is America's nuclear infrastructure platform. We're building a fully integrated system to unite the nuclear deployment chain, scale new builds, and drive operations and security. Powered by the convergence of new technologies and an unprecedented verticalization of nuclear deployment, services, and systems, we integrate the entire nuclear lifecycle around one operating model and one data backbone.