President Trump Announces Review of Nuclear Energy Policy
By Editors of Power Engineering
President Donald Trump announced an effort to expand nuclear energy use by launching a complete review of current policy, The Hill reported.
The announcement came as nuclear reactors, which currently generate 20 percent of the country’s power, are expected to decline to 11 percent by 2050 as plants retire. Trump did not disclose specific details of the plan.
Trump also said the Treasury Department will “address barriers” to financing overseas coal plants with the goal of increasing U.S. coal exports, and the Interior Department will expand offshore drilling of oil and natural gas.
“Our country is blessed with true energy abundance, which we didn’t know of even five years ago and certainly 10 years ago,” Trump said. “With these incredible resources, my administration will seek not only the American energy independence that we’ve been looking for so long, but American energy dominance.”
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