The infrastructure bill has nuclear energy advocates celebrating over plans for new nuclear reactors and production credits for existing plants. United States leadership in nuclear energy — powered by the success of domestic advanced reactor systems — is doomed to fail without a sustained government commitment to a robust R&D infrastructure. Each organization recognizes that the VTR is essential to sustain U.S. leadership in advanced nuclear energy. Leadership in civilian nuclear energy has historically provided the U.S. with significant strategic influence over the political, military, and economic policies of our trading partners. American leadership in civilian nuclear power led to the establishment of the International Atomic Energy Agency (IAEA), which develops international nuclear safety standards, and the Nuclear Suppliers Group (NSG), which coordinates export control policies.

Source: Forbes November 10, 2021 18:21 UTC