TerraPower has entered a major agreement with Meta to develop eight Natrium advanced nuclear plants, each with a capacity of 345 MW. The U.S. Department of Energy has allocated $2.7 billion for uranium enrichment initiatives.

The Iran war has prompted global policymakers to reconsider strategies for reducing reliance on fossil fuels, including expanding nuclear energy and renewables, increasing strategic stockpiles, boosting domestic production, and diversifying supply sources. The closure of the Strait of Hormuz following U.S. and Israeli attacks on February 28 marks the third significant energy shock this decade.