The U.S. nuclear industry is being challenged by multiple factors: cheap natural gas, cost overruns in the first AP1000 pressurized water reactor construction projects, competition from Russia and (increasingly) China on foreign reactor bids, and more. One element of a U.S. nuclear energy strategy could be to pursue deepened cooperation with key U.S. allies, such as Canada, the United Kingdom, France, Japan, and South Korea, in order to both preserve the existing reactor fleet and demonstrate the potential of advanced reactors as part of efforts to reduce greenhouse emissions and address climate change.

The Center on Global Energy Policy hosted a discussion on the past, present and future of nuclear energy cooperation between the U.S. and its allies, especially in response to the urgency and challenge of climate change.

Topics included:

  • Historical nuclear energy cooperation between the U.S. and its allies
  • The foreign ownership, control, or domination regulations and how they have been problematic for cooperation with allies on reactor projects in the U.S. in the past
  • As a case study, the costs involved in developing and demonstrating the NuScale Power small modular reactor, as well as the international partnerships that NuScale has assembled with British, Korean, and French entities
  • The U.S. Department of Energy’s international nuclear energy programs and how they could be re-oriented to facilitate cooperation on advanced reactor demonstration

Panelists:

  • Dr. Matt Bowen, Research Scholar, Center on Global Energy Policy at Columbia SIPA
  • Chris Colbert, Chief Strategy Officer, NuScale Power, LLC
  • Joyce Connery, Board Member, Defense Nuclear Facilities Safety Board
  • Amy Roma, Partner, Hogan Lovells US LLP

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