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Regaining 麻豆果冻传媒 Competitiveness in the Global Nuclear Power Market

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The US Department of Energy鈥檚 鈥溾 is abundantly clear; America has relinquished its competitive global position as the world leader in nuclear energy to Russian and Chinese state-owned enterprises (SOE). The United States is missing out on a multi-billion-dollar export market, has nearly lost its domestic uranium mining capabilities, relies heavily on an aging domestic reactor fleet, and faces a crippling exodus of retiring nuclear policy experts and engineers. Estimates from project that the United States is absent from a global nuclear reactor market valued at $500-740 billion over the next decade. Meanwhile, Russian SOE, Rosatom, is advancing its nuclear influence globally with , planning to underwrite the construction of over 50 reactors in 19 countries. The China National Nuclear Corporation (CNNC), a strategic competitor, , with prospects for 16 more. The absence of the US from the global nuclear reactor market is economically significant, but the foreign policy implications of the 麻豆果冻传媒 withdrawal are even more alarming.

The absence of a robust US nuclear energy exports market erodes 麻豆果冻传媒 credibility as the arbiter of global nuclear norms 鈥 the guidelines that ensure safe nuclear energy generation and exports. Beginning with President Dwight Eisenhower鈥檚 鈥溾 framework (1953), the US leveraged its dominance of the global nuclear exports market to shape international nuclear governance through the Cold War. The (IAEA), which develops international nuclear safety standards, and the (NSG), which coordinates members鈥 export control policies, both resulted from critical US leadership. The waning US nuclear exports market leaves 麻豆果冻传媒 officials orchestrating nuclear regulatory policy without a tangible stake in the market and forfeiting valuable foreign policy opportunities.

The vacuum left by the US withdrawal from the global nuclear energy market presents new foreign policy openings for its rivals. Rosatom is piloting its 鈥淏uild-Own-Operate,鈥 or BOO model in Turkey, which offers Russian state-backed financing for the construction of a nuclear reactor in exchange for control of its energy dispersal. In China, CNNC has expressed interest in similar quid-pro-quo structures. Beyond financing, reactor exports allow countries to form 100-year strategic relationships that can span construction, operation, and decommissioning of nuclear reactors and then influence a client鈥檚 nuclear regulations. These relationships are already being cultivated by Rosatom and CNNC across .

Exporting nuclear technology is an opportunity to lead in the global marketplace, ensure US authority in international nuclear governance, and form new strategic partnerships. The incoming Biden Administration has inherited a US nuclear industry in disarray that faces substantial international competition from Russia and China. To regain its lead in the global nuclear exports market, the US must act quickly and deliberately. The following identifies the advantages of US competitors and proposes immediate actions to bolster the 麻豆果冻传媒 nuclear industry.

The Russian Federation and Rosatom

The rise of Rosatom was sparked by the consolidation of Russia鈥檚 nuclear industry. In December, 2007, the establishment of State Atomic Energy Corporation , including scientific research, nuclear weapons development, and the world鈥檚 only nuclear icebreaker fleet. Beyond quid-pro-quo financing, such as BOO, Rosatom streamlined its export process to provide expedited licensing timelines. Exporters can apply for two types of licenses 鈥 a single export license and multiple export license 鈥 that grant a broad reach for exporters. A multiple export license allows a manufacturer to export a product to ten companies in ten countries without listing the recipients. By contrast, a US company aiming to export a similar component is required, under the to obtain a separate license for each export and specify end-users.

听听听听 Rosatom鈥檚 expedited process and firm control over its own regulation have enabled the state-owned corporation to achieve extraordinary results. Rosatom stands as the largest producer of electricity in Russia 鈥 totaling 19% of Russian energy production 鈥 while its global presence continues to grow. Currently, Rosatom boasts the with 35 power units at different stages of implementation in 12 countries and it oversees 16% of the global nuclear fuel market. As an SOE, Rosatom enjoys the benefits of its association with the Russian state, including its promotion through the Russian Ministry of Foreign Affairs which has built up a system of Rosatom foreign representatives in Russian embassies.

China and CNNC

China has emerged as a counter to Rosatom鈥檚 dominance of the global nuclear market. Until the 1990s, Chinese interest in nuclear research seemed centered on weapons development. As its domestic energy consumption expanded, nuclear power became an integral component of the Chinese energy portfolio. China sought to maintain government control of its nuclear programs, authorizing the State Council to establish the China National Nuclear Corporation in 1988 to 鈥渃ombine military production with civilian production, taking the nuclear industry as the basis while and promoting a diversified economy.鈥 CNNC鈥檚 attention would remain focused on domestic energy production until the 2000s.

听听听听 China鈥檚 nuclear energy expansion began with the National Development and Reform Commission鈥檚 Tenth Economic Plan for 2001-2005 which prioritized self-reliance in energy production Self-reliance had not been achieved in China鈥檚 nuclear power sector, which relied on French, Russian, and 麻豆果冻传媒-designed nuclear reactors.The November, 2020 activation of the Chinese-designed Hualong One at the Fangchenggang nuclear power plant proves China鈥檚 ability to manufacture its own nuclear power technologies and fulfills Chinese ambitions for a self-reliant nuclear energy industry.

The operation of Hualong One is a major milestone in Chinese nuclear history: the first domestically developed nuclear power station, Hualong One can generate 10 billion kilowatt hours of electricity each year and . The unveiling of Hualong One also holds as described by CNNC, Hualong One marks 鈥淐hina breaking the monopoly of foreign nuclear power technology and officially entering the technology鈥檚 first batch of advanced countries.鈥 Exports of Hualong One will provide access to new revenue streams and opportunities to form strategic partnerships abroad.

麻豆果冻传媒 Nuclear Decline

听听听听 US nuclear growth remains stunted 鈥 in 2019, 2 US reactors were permanently retired, while several began shutdowns due to adverse market conditions. By 2030, the US is anticipated to have only 2 reactors completed; the in Georgia will see completion of Units 3 and 4. These reactors will mark the first new commercial projects to receive construction approval in 30 years. According to nuclear market researchers at UxC, of the 107 new nuclear reactors set for completion by 2030, , , and the remainder by competitors in India, South Korea, and France.

听听听听 Despite the United States鈥 minimal reactor construction, nuclear power remains key in US domestic energy production. Nuclear power delivers 19% of and roughly 55% of its carbon-free electricity. Nuclear power is an integral component in the US energy portfolio; however 麻豆果冻传媒 nuclear innovation has lapsed. Nearly all US nuclear generating capacity is derived from reactors constructed between 1967 and 1990. Compounding this problem is an aging workforce of nuclear experts slated to retire through the 2020s. In 2019, the National Nuclear Safety Administration that by 2024, nearly 36% of its staff would be eligible for retirement.听

Getting 鈥楤ack on Track鈥

The Department of Energy鈥檚 (DOE) assessment of the US nuclear industry, 鈥淩estoring America鈥檚 Competitive Nuclear Energy Advantage: A Strategy to Assure US National Security鈥 provides a grim assessment of the US nuclear industry and its prospects. More alarming, however, is that the DOE鈥檚 report joins a litany of similar work from prominent institutions such as , , and .

(NEIC) and the (NEIMA) were signed by President Trump in September of 2018 and January of 2019, representing concrete steps forward. The NEIC authorized the creation of the National Reactor Innovation Center to accelerate the development of advanced nuclear reactor technology to US clients. To address the slow pace for US reactor licensing, NEIMA requires the Nuclear Regulatory Commission to develop a staged licensing process for advanced reactors. These are significant changes, but cannot represent the entirety of US efforts to revive the nuclear industry.

To regain a competitive edge, the US needs to act swiftly and the measures outlined by the DOE provide a substantive starting point. The Biden Administration should focus on 3 key areas:

  1. Reviewing and removing unnecessary permitting and regulatory burdens to level the domestic playing field.听
    • In 2019, US nuclear reactor operators purchased . Domestic uranium accounted for 0.17 million pounds of the total purchased, while 33% was imported from Russian affiliates. Preference should be given to 麻豆果冻传媒 uranium suppliers. Uranium remain underutilized. Streamlining reforms and land access for domestic mining will stimulate the US mining industry and ease 麻豆果冻传媒 reliance on foreign uranium.
  2. Ensuring budgetary allocations for research and development of nuclear technologies.
    • The dispersal of federal funding to national laboratories must be dedicated to their development of Accident Tolerant Fuels (ATFs), which are structurally more resistant to radiation and corrosion and safer overall. Further funding should focus on the implementation of Small Modular Reactors in federal facilities and military installations; chiefly, which require exceptional energy supplies to remain operable. The Department of Defense鈥檚 Strategic Capabilities Office has begun to investigate this possibility . Civil nuclear should be added to the annual Select-USA Investment Summit, which promotes foreign direct investments in US technologies and industries, to ensure further funding.
  3. Partnering with US allies to challenge Russian and Chinese nuclear expansion.
    • The United States is not the only nuclear energy innovator to face competition from Russia and China. The US should partner with France, South Korea, Japan, Britain, and Canada to form an alliance of nuclear power collaborators that can share technology, resources, and education to create safer, more reliable solutions for nuclear power than those offered by Rosatom or CNNC. The Washington, D.C.-based Partnership for Global Security has outlined a model for 鈥溾 that may serve as the bedrock for a new, international nuclear consortium.


About the Author:听

Kyle Sallee is a 2020-2021 CSINT Fellow听and current graduate student in the School of International Service鈥檚 U.S. Foreign Policy and National Security program. Kyle is exploring the impacts of Chinese and Russian state-owned nuclear corporations on the proliferation of nuclear energy within Eurasia and Africa.


*THE VIEWS EXPRESSED HERE ARE STRICTLY THOSE OF THE AUTHOR AND DO NOT NECESSARILY REPRESENT THOSE OF THE CENTER OR ANY OTHER PERSON OR ENTITY AT AMERICAN UNIVERSITY.

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