Trump Policy Change Game Changer for Small Nuclear?

Trump Policy Change Game Changer for Small Nuclear?
(AP Photo/Patrick Semansky)

A new Trump administration policy enabling U.S. government financing for nuclear energy projects abroad could help accelerate the use of smaller reactors, a budding technology that supporters see as a lifeline for the struggling industry.

“The U.S. will have a whole suite of technologies in different sizes available in the next couple of years, and that really changes the game in terms of this modernization of policy,” said Rich Powell, executive director of ClearPath, a conservative clean energy group.

The U.S. International Development Finance Corporation proposed this week to reverse an Obama-era ban that prevents it from funding civil nuclear projects overseas, a development first reported by the Washington Examiner.

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