Draft legislation American Nuclear Infrastructure Act of 2020 set to provide further support for advanced reactors

On July 29th, Senator Barrasso (R-WY) introduced a draft bill, the American Nuclear Infrastructure Act of 2020 (ANIA), which, aims to re-establish U.S. international competitiveness and global leadership in nuclear power.  Among other things, the draft bill would—

  • Empower

The United States has been struggling to compete with its peers in securing nuclear power plant construction projects around the world.  One of the factors impacting U.S. competitiveness is that many foreign countries such as Russia and China can obtain government financing to support foreign projects—whereas U.S. vendors cannot.  Under a recent proposal, this imbalance

After over a year of anticipation, in January the U.S. Treasury Department released its final regulations that revise the jurisdiction and rules for the Committee on Foreign Investment in the United States’ (CFIUS), following statutory changes to CFIUS under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).  Although the full impact of these

In today’s international nuclear marketplace, foreign investment is a significant source of capital for U.S. next-generation nuclear ventures. However, about-to-be signed legislation has the potential to broadly expand the ability of the Committee on Foreign Investment in the United States (“CFIUS”) to review foreign investment into the United States directed towards the nuclear industry, as