Gov. Lee advances nuclear energy initiative

Gov. Bill Lee announced Tuesday the formation of a nuclear energy advisory council to meet his ambitious goal of making Tennessee the national leader in developing the next generation of nuclear power.

State of play: The council — which will consist of lawmakers, state officials, members of Congress and industry leaders — will advise Lee on the steps needed to expand nuclear facilities in the state.

• There are currently two nuclear energy facilities in Tennessee, one in Sequoyah and one in Watts Bar. They powered 43.4% of the electricity statewide in 2022, according to the Nuclear Energy Institute.
• Lee included $50 million in the 2023-24 budget for a fund to provide grants and assistance for nuclear power-related businesses that relocate to or grow in the state.

What he's saying: "Tennessee is ready-made to lead America's energy independence and drive continued economic growth with safe, clean and reliable nuclear energy for the future," Lee says.