Trump Signs Executive Orders to Boost US Nuclear Industry

5Mind. The Meme Platform

The president issues four orders designed to accelerate commercial reactor development and reform the Nuclear Regulatory Agency.

President Donald Trump on May 23 signed four executive orders aimed at kindling an “American nuclear renaissance” by cutting regulations in the industry and fast-tracking new licenses for reactors and power plants.

The executive orders are related to accelerating commercial nuclear energy development, with the industry on the cusp of numerous breakthroughs, such as the Tennessee Valley Authority’s May 20 announcement that it had submitted a permit to install the nation’s first small modular nuclear reactor, or SMR.

The orders require the Nuclear Regulatory Commission to complete license reviews within 18 months, provide federal land for reactor development, and streamline regulations and permitting processes.

The United States is the world’s largest generator and consumer of nuclear energy, with 94 nuclear reactors in 55 power plants, which the U.S. Energy Information Administration calculates generated 18.6 percent of its electricity in 2023.

However, most reactors were built between 1970–1990 and average more than 40 years in service. The only new one to come online in the United States since 2016 is Vogtle’s fourth reactor in Georgia, $16 billion over budget and six years behind schedule.

Safe and Secure Energy

White House Office of Science and Technology Policy Director Michael Kratsios told reporters that between 1950–1980, more than 100 nuclear generators were built in the United States.

“However,” he said, “in the last 30 years, we started and built only two decommissioned commercial reactors across the country, stepped back from nuclear R&D, and abandoned hopes of nuclear energy powering a bright future.”

With the advent of 21st-century innovations in nuclear reactors, such as SMRs, industry groups such as the Nuclear Innovation Alliance say the nation’s regulatory and permitting processes are obsolete.

“America’s great innovators and entrepreneurs have run into brick walls when it comes to nuclear technology,” Kratsios said, calling the president’s executive initiatives a “historic action to ensure America’s energy dominance and provide affordable, reliable, safe, and secure energy to the American people.

“With these actions,” he added, “President Trump is telling the world that America will build again, and the American nuclear renaissance can begin.”

By John Haughey

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

The USPS is Going Broke!   

The USPS Postmaster General warned that without lifting its $15B borrowing cap, the agency could struggle to pay workers and vendors by 2027.

Comey and Morens Indicted? Color Me Skeptical

The Justice Department has announced respective prosecutions of former FBI Director and Russiagate architect James Comey and Fauci capo Peter Morens.

Questions Remain After the WHCD Assassination Attempt   

Americans have a hunger to know and understand what happened during the White House Correspondents Dinner (WHCD) assassination attempt.

Direct Election of U.S. Senators: Reform or Mistake?

The direct election of U.S. Senators diminished federalism, stripped states of checking federal power and greatly expanded federal power.

Don’t Miss the Jazz Renaissance Happening All Around You

A genuine renaissance is underway in jazz, carried by musicians of astonishing ability and artistic character.

FDA Says Most Infant Formula Has Low or Undetectable Levels of Contaminants

Most infant formula tested by the Food and Drug Administration had low or undetectable levels of contaminants such as lead, the agency said.

Acting AG Blanche Denies Trump Directed James Comey Prosecution

Acting AG Todd Blanche said President Trump did not order the DOJ to file more charges against former FBI Dir. James Comey over Comey's social media post.

Rampant Fraud Corrupts the Health Care System, Dr. Oz Says

Fraud is pervasive in the medical industry and undermines the integrity of the entire health care system, Dr. Mehmet Oz said on April 28.

Elon Musk Takes the Stand at OpenAI Trial

Elon Musk accused OpenAI CEO Sam Altman of defrauding him and betraying the company’s founding mission: to operate as an open-source nonprofit.

King Charles, Queen Camilla Greeted by President Trump, First Lady

President Donald Trump and First Lady Melania Trump welcomed King Charles III and Queen Camilla of the UK at the South Porticos of the White House on April 27.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.
spot_img

Related Articles

Popular Categories

MAGA Business Central