There is “a good possibility” that the US International Development Finance Corporation (DFC) will be allowed to support nuclear energy projects as the country fights to catch up and stay competitive in the sector, the author of a think-tank report has said.
However, Jane Nakano, a senior fellow specialising in energy security and climate change at the Washington-based Center for Strategic and International Studies, said while this step is needed, it will probably not be enough to revitalise the export competitiveness of the US nuclear sector.
In October 2018, Congress passed and president Donald Trump signed a bill to create the DFC to provide financing, risk insurance, and equity support for large infrastructure and energy projects overseas.
However, Jane Nakano, a senior fellow specialising in energy security and climate change at the Washington-based Center for Strategic and International Studies, said while this step is needed, it will probably not be enough to revitalise the export competitiveness of the US nuclear sector.
In October 2018, Congress passed and president Donald Trump signed a bill to create the DFC to provide financing, risk insurance, and equity support for large infrastructure and energy projects overseas.
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