Why an MLP Doesn’t Belong in Your IRA

The path to the US’s energy future is becoming obvious. Over time, nuclear will become one of, if not the primary, sources of energy feeding our ever-growing demand for electricity. China and India are far ahead of the US on this, with hundreds of new reactors slated for construction.

The problem is our projected increase in energy demand is here now. The rapid growth of artificial intelligence is fueling the construction of massive new data farms, housing thousands of energy-hungry CPUs. The government wants us to drive electric cars, get rid of our gas stoves, and replace our central heat and AC systems with more efficient heat pumps.

It is not obvious how to reconcile today’s greener energy goals with a grid that depends on fossil fuels. You may believe the answer is more wind or solar power, combined with batteries, but that comes with another set of problems—our reliance on China for solar panels and the rare earth metals required to build them.

So, what’s the plan? How do we generate more electricity over the next two decades? That’s how long it will take (under current regulatory restrictions) for the US to build more nuclear power plants.

The only viable option to get us from today’s goals to a nuclear-powered future is natural gas. It is the perfect bridge to nuclear—at least, in the US. It’s cheap, abundant, provides baseload power, and burns far cleaner than other traditional fuels.