US senators from both major parties have introduced a bill aimed at supporting the US domestic nuclear energy industry’s leadership and to tackle China and Russia’s growing influence on international nuclear energy development.
The International Nuclear Energy Act would support the establishment of an office to coordinate civil nuclear exports strategy; establish financing relationships; promote regulatory harmonisation; improve safeguards and security; promote standardisation of licensing framework for new reactors; and create a nuclear exports working group.
It would require a cabinet-level biennial summit on safety and security and relationships between industry and government.
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