ANS Public Policy Engagement

As energy security and environmental concerns prompt some countries to increase their reliance on nuclear energy or become first-time adopters of the technology, the U.S. government must decide whether it will offer financing for reactor exports—a move that poses financial risks but could create jobs, address global climate and energy security challenges, and limit Chinese and Russian influence. A new report released on August 25 by the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, Comparing Government Financing of Reactor Exports: Considerations for U.S. Policy Makers, digs into the history of nuclear reactor financing and delivers recommendations for U.S. policymakers.

Matt Bowen, research scholar at the center and the report’s lead author, told Nuclear News, “Given how important financing is to countries considering new reactor construction, as well as the competition that U.S. vendors face from foreign state-owned entities, Congress and the White House should both focus attention on the issue, including policy options to increase U.S. competitiveness.”

Kishida

Having already declared last month his government’s intention to return to service as many as nine idled power reactors in order to ensure stable supplies of energy this winter, Japanese prime minister Fumio Kishida yesterday called for additional restarts and endorsed the development and construction of next-generation nuclear plants, according to reports from various news outlets, including Nikkei Asia, the Washington Examiner, and the Los Angeles Times.

Kishida made the comments at the second meeting of Japan’s GX (Green Transformation) Implementation Council, a new group tasked with helping the country achieve carbon neutrality by 2050.

The Philippines’ House of Representatives has established a special 25-member committee to focus on nuclear energy.

Within the committee’s purview, according to an August 9 release from the House’s Press and Public Affairs Bureau, are “all matters directly and principally relating to the policies and programs to the production, utilization, and conservation of nuclear energy, including the development of nuclear power infrastructure, as well as interaction of other energy sources with nuclear energy as a reliable, cost competitive, and environment-friendly energy source to ensure energy security consistent with the national interest and the state’s policy of freedom from nuclear weapons.”