What is the relationship between the economics of nuclear power and the proliferation of nuclear weapons? When security and arms control analysts list what has helped keep nuclear weapons technologies from spreading further than they already have, energy economics are rarely, if ever, mentioned. Yet, large civilian nuclear energy programs bring states quite a way towards developing nuclear weapons and it has been the poor economics of nuclear energy, more than any other force, which has hampered most states’ adoption of such projects.
Earlier last month, Secretary of Energy Granholm touted the Department’s commercialization of advanced fast reactors at the COPO26 Glasgow Climate Conference as a demonstration of America’s commitment to decarbonizing the planet. The State Department announced it’s organizing itself to support the export of such reactors. […]
With America’s latest offer to facilitate the construction of six to twelve nuclear submarines for Australia, a question has arisen how these boats might be fueled. The attached study on the world’s projected uranium enrichment capacity, however, eliminates one concern for sure: We won’t need to […]
Some Washington insiders are now betting the proposed $1.2 trillion infrastructure bill may stall in the House but be reconsidered at a later date. If they’re right, it may not be all that bad. As Victor Gilinsky and I note in our The National Interest piece, “‘Fast […]
Last month, Wyoming became ground zero for the future of nuclear power. Bill Gates, Warren Buffet, and the state of Wyoming announced their intent to construct a commercial fast reactor demonstration plant, known as the Natrium project. Experts are already debating the project’s merits. Can […]
Earlier this month, the Secretary of Defense requested $60 million for further development of Project Pele, a micro-reactor concept the Army is working on to provide power for remote military bases. So far, the project has flown largely below the political radar screen. It shouldn’t. […]
Last week, the U.S. State Department launched a $5.3-million program to promote the overseas deployment of U.S. “advanced” nuclear reactor technologies. The Department views these reactors as being cheaper and safer than the current generation of nuclear plants. It’s unclear, however, how these reactors might be fueled […]
Last week’s revelation that Saudi Arabia has been secretly collaborating with China to produce uranium yellowcake put a spotlight on the Saudi’s worrisome nuclear program. Admittedly, producing yellowcake is only the first step toward enriching uranium. The long pole in the technical tent to make […]
Late last week, the Trump Administration’s newly created foreign investment agency, the Development Finance Corporation, opened its doors to financing U.S. nuclear reactor export projects. Previously, their rules forbade this and with good cause: Even small modular reactors are projected to cost one half to […]
Last week, the Development Finance Corporation (DFC), a new federal financing organization that Congress created to help the developing world, announced it was lifting a prohibition on supporting US civilian nuclear exports. This announcement triggered a 30-day public comment period. There’s only one problem: There’s next to nothing to comment on. […]
The nuclear industry and the Department of Energy (DOE) want to raid our wallets…again. This time, it’s not to save the planet, but supposedly to give industry a fighting chance against rising Russian and Chinese civilian nuclear export competition. As Victor Gilinsky and I warn […]
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