Just a moment...

Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Trump signs executive orders to boost nuclear power, speed up approvals

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rump signs executive orders to boost nuclear power, speed up approvals<BR>PTI News<BR>Dated:- 24-5-2025<BR>PTI<BR>Washington, May 23 (AP) President Donald Trump signed executive orders on Friday intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the ord....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ers grant the US energy secretary authority to approve advanced reactor designs and projects, taking authority away from the independent safety agency that has regulated the US nuclear industry for five decades. The order comes as demand for electricity surges amid a boom in energy-hungry data centers and artificial intelligence. Tech companies, venture capitalists, states and others are competin....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....g for electricity and straining the nation's electric grid. “We've got enough electricity to win the AI arms race with China,” Interior Secretary Doug Burgum said. “What we do in the next five years related to electricity is going to determine the next 50" years in the industry. Still, it's unlikely the US could quadruple its nuclear production in the timeframe the White House specified. T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....he United States lacks any next-generation reactors operating commercially and only two new large reactors have been built from scratch in nearly 50 years. Those two reactors, at a nuclear plant in Georgia, were completed years late and at least USD 17 billion over budget. *Trump is enthusiastic At the Oval Office signing, Trump, surrounded by industry executives, called nuclear a “hot indu....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....stry," adding, "It's time for nuclear, and we're going to do it very big.” Burgum and other speakers said the industry has stagnated and has been choked by overregulation. “Mark this day on your calendar. This is going to turn the clock back on over 50 years of overregulation of an industry,'' said Burgum, who chairs Trump's newly formed Energy Dominance Council. The orders would reorganize....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the independent Nuclear Regulatory Commission to ensure quicker reviews of nuclear projects, including an 18-month deadline for the NRC to act on industry applications. The measures also create a pilot program intended to place three new experimental reactors online by July 4, 2026 — 13 months from now — and invoke the Defense Production Act to allow emergency measures to ensure the US has th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e reactor fuel needed for a modernised nuclear energy sector. The administration is focused on boosting nuclear as “affordable, reliable, safe and secure power,” said Michael Kratsios, director of the White House Office of Science and Technology Policy. The executive orders send a signal that “America will build again,” Kratsios said. Energy Secretary Chris Wright echoed that sentiment on....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... social media, posting that more reliable, secure and affordable energy sources — like geothermal, nuclear and natural gas — are the key to remaining the world's energy powerhouse. Trump has signed a spate of executive orders promoting oil, gas and coal that warm the planet when burned to produce electricity. Nuclear reactors generate electricity without emitting greenhouse gases. Trump said ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....reactors are safe and clean, but did not mention climate benefits. The order to reorganize the NRC will include significant staff reductions but is not intended to fire NRC commissioners who lead the agency. David Wright, a former South Carolina elected official and utility commissioner, chairs the five-member panel. His term ends June 30, and it is unclear if he will be reappointed. *Critics ha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ve trepidations Critics say the White House moves could compromise safety and violate legal frameworks such as the Atomic Energy Act. Compromising the independence of the NRC or encouraging it to be circumvented entirely could weaken the agency and make regulation less effective, said Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists. "Simply put, the U.S. nuclear....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... industry will fail if safety is not made a priority,” he said. A number of countries are speeding up efforts to license and build a new generation of smaller nuclear reactors to meet a surging demand for electricity and supply it carbon-free. Last year, Congress passed legislation that former President Joe Biden signed to modernize the licensing of new reactor technologies so they can be built....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... faster. This month, the power company in Ontario, Canada, began building the first of four small nuclear reactors. Valar Atomics is a nuclear reactor developer in California. Founder and CEO Isaiah Taylor said nuclear development and innovation in the United States has been slowed by too much red tape, while Russia and China are speeding ahead. He said he's most excited about the mandate for th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e Energy Department to speed up the pace of innovation. The NRC is currently reviewing applications from companies and a utility that want to build small nuclear reactors to begin providing power in the early 2030s. Currently, the NRC expects its reviews to take three years or less. Radiant Nuclear is a clean energy startup based in El Segundo, California, that is building a nuclear microreactor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... Chief Operating Officer Tori Shivanandan said the administration's support for the advanced nuclear industry will help ensure its success, and the executive orders mark a “watershed moment" for nuclear power. (AP) RHL<BR> News - Press release - PIB....