Overview
- President Trump is expected to sign executive orders today to boost the nuclear energy industry, focusing on regulatory reform and fuel supply chain security.
- The Defense Production Act will be invoked to address U.S. reliance on Russia and China for enriched uranium and advanced reactor components.
- Federal agencies, including the Departments of Energy and Defense, will be directed to identify sites for nuclear deployment and streamline construction processes.
- The Energy Department is encouraged to use loan guarantees and direct financing to accelerate reactor construction, leveraging expanded resources from the Loan Programs Office.
- Energy Secretary Chris Wright has likened the initiative to a 'Manhattan Project 2,' citing the urgency of meeting unprecedented electricity demands from artificial intelligence technologies.