Action: On May 23, the President signed a series of Executive Orders seeking to bolster the nuclear energy industry. The four executive orders focus on the deployment of advanced nuclear reactor technology, reforms to the Nuclear Regulatory Commission (NRC), reforms to the Department of Energy’s (DOE) nuclear reactor testing process, and new support for expanding the US nuclear industrial base. Similar efforts to support the development of nuclear energy have continued globally and have support across the political spectrum. While these initiatives may present new market opportunities to grow the country’s nuclear energy footprint, potential reforms to existing safety and oversight regulations may present risks to future growth.Key Insights
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