The high capital costs and financial risks associated with new-build nuclear plant projects necessitate innovative solutions, financing sources, and business models. One possible means of addressing some of these issues is the establishment of partnerships between the U.S. and its close allies to co-finance new nuclear construction. International cooperation in putting together comprehensive and attractive export financing packages will significantly enhance export competitiveness. Failure by the U.S. and its allies to improve their competitive positions will increase the likelihood of Russia and China assuming global leadership in the civil nuclear arena, ultimately affecting the United States’ capacity to uphold international safety, security, and nonproliferation norms.
