Three factors will drive nuclear exports: energy security, decarbonization, and geopolitics. Recent power prices in Europe, coupled with the situation in Ukraine, demonstrate the interplay of all three factors. Nuclear exports have to be viewed in the context of the current geopolitical climate, particularly relative to Russian and Chinese competitive offerings. Finally, the critical importance of nuclear energy in meeting global decarbonization efforts can be a driving force for exports, further enhanced by the inclusion of nuclear energy in clean/green taxonomies and the accompanying support from the ESG (environmental, social, and governance) investor community.
March 7, 2022, 3:00PMNuclear News
August 21, 2020, 10:08AMNuclear News
Amid news stories of possible undeclared nuclear facilities in Saudi Arabia and China's involvement with them (see here and here, for instance), Sen. Chris Van Hollen (D., Md.) on August 19 led a bipartisan group of senate colleagues in sending a letter to President Trump requesting more information on the matter.
Cosigners included Sens. Rand Paul (R., Ky.), Jeff Merkley (D., Ore.), Susan Collins (R., Maine), Tim Kaine (D., Va.), and Jerry Moran (R., Kan.).