The U.S. and South Korea have reached a provisional agreement and are working on a memorandum of understanding to advance the countries’ partnership on civil nuclear energy.

A new report, A New Nuclear Age: How 2023 Developments Will Impact the Industry in 2024, has been released by Morgan Lewis, a global corporation that provides litigation, corporate, labor and employment, and intellectual property services. Morgan Lewis’s energy specialist attorneys, who compiled the report, reviewed recent developments in rules and guidance from the Nuclear Regulatory Commission and Department of Energy that have impacted various aspects of the nuclear energy industry. Covered areas include cybersecurity, small modular reactors, advanced reactors, sustainability, export controls, plant decommissioning, microreactors, and fusion systems. Also considered in the report are potential future developments that may further affect the nuclear industry this year.

The Department of Commerce’s Bureau of Industry and Security (BIS) has expanded the scope of its nuclear-related export controls on China and Macao (a special administrative region in southeastern China) by establishing additional nuclear nonproliferation controls and license requirements for items that could “contribute to nuclear activities of concern.” The BIS stated that the action, effective August 11, was taken in response to China’s military modernization and nuclear force expansion.