President Trump has signed a series of executive orders designed to accelerate the nuclear energy sector in the U.S. by reducing regulatory restrictions. These orders mandate the Nuclear Regulatory Commission to decide on licenses for new reactors within 18 months, significantly reducing approval times. Industry leaders assert that these actions reverse decades of overregulation. Additionally, the orders call for increased domestic uranium production, indicating a focus on meeting rising energy demands, partly associated with advancements in artificial intelligence technology.
One order requires the body to make decisions on new nuclear reactors within 18 months. That would severely pare down a process that can take more than a decade.
Burgum told reporters that the president's actions would turn the clock back on over 50 years of overregulation in the nuclear industry.
The nuclear industry is hot. It's a brilliant industry. You have to do it right, he said, flanked by CEOs of nuclear companies.
Trump's orders also called for growth in the domestic production and enrichment of uranium, the primary fuel used in nuclear power.
Collection
[
|
...
]