Fulfilling the promise of advanced nuclear will, particularly in the U.S., require addressing issues of cost competitiveness. A major part of this challenge is the development of a regulatory framework that allows certainty and clarity for advanced reactor vendors navigating the licensing process. Historically, the NRC has employed a prescriptive approach that has been adapted
In November 2018, Kyung Hee University located in Seoul, the Global America Business Institute (GABI) based in Washington, D.C., and the Natural Resources Defense Council (NRDC) headquartered in New York kicked off a series of private meetings to discuss findings from technical and policy experts related to a possible DPRK denuclearization roadmap. Given current circumstances
VIRTUAL WORKSHOP – October 28, 2020; 10 a.m. to 11 a.m. ET SPEAKER BIOS Richard Meserve is Senior of Counsel at Covington & Burling LLP. Dr. Meserve served as Chairman of the United States Nuclear Regulatory Commission (NRC) from 1999 to 2003 following many years as a partner at Covington & Burling. Dr. Meserve is
Rapid decline in cost, tax credits, and public support have been driving the growth of distributed solar in the U.S. The public sector has been the main engine for this growth--despite the pandemic, many public entities are moving forward with distributed generation. However, the private sector and corporate entities are also projected to be a
Historically, the most rapid reductions in carbon emissions have resulted from large build outs of nuclear power, as was witnessed in France in the 1970s and 1980s. While preserving existing nuclear plants will be crucial to carbon mitigation, accelerating reductions in GHG emissions will require significant nuclear new build going forward. Considering the economics, land
In July, the U.S. International Development Finance Corporation (DFC) announced a change to its Environmental and Social Policy and Procedures guidelines to enable the support of nuclear power projects, marking a departure from a legacy prohibition on civil nuclear financing. The DFC's policy change, more than just a symbolic recognition of the potential contribution of
Most of the nuclear reactors in operation today in advanced economies were built before 1990, and as these reactors are eventually shut down, global nuclear leadership is expected to shift. Without policy changes, the IEA expects Japan, the US, and the EU to lose nuclear capacity through retirements, while China and Russia accelerate the increase
