LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Trump signs orders to overhaul Nuclear Regulatory Commission, speed reactor deployment

Robert Frost by Robert Frost
May 23, 2025
in Industries
Trump signs orders to overhaul Nuclear Regulatory Commission, speed reactor deployment
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Cooling towers are seen through a window at the Three Mile Island Nuclear power plant, during a tour by Constellation Energy, which has ordered a main power transformer for the nuclear reactor it is trying to reopen, in Middletown, Pennsylvania, on Oct. 16, 2024.

Shannon Stapleton | Reuters

President Donald Trump signed a series of executive orders on Friday to overhaul the Nuclear Regulatory Commission and speed the deployment of new nuclear power reactors in the U.S.

The NRC is a 50-year-old, independent agency that regulates the nation’s fleet of nuclear reactors. Trump’s orders call for a “total and complete reform” of the agency, a senior White House official told reporters. Under the new rules, the commission will be forced to decide on nuclear reactor licenses within 18 months.

When asked whether NRC reform will result in staff reductions, the White House official said “there will be turnover and changes in roles.”

“Total reduction in staff is undetermined at this point, but the executive orders do call for a substantial reorganization” of the agency, the official said. The orders, however, will not remove or replace any of the five commissioners who lead the body, according to the White House.

Any reduction in staff at the NRC would come at time when the commission faces a heavy workload. The agency is currently reviewing whether two mothballed nuclear plants, Palisades in Michigan and Three Mile Island in Pennsylvania, should restart operations, a historic and unprecedented process.

Trump’s orders also create a regulatory framework for the Departments of Energy and Defense to build nuclear reactors on federal land, the administration official said.

“This allows for safe and reliable nuclear energy to power and operate critical defense facilities and AI data centers,” the official told reporters. The NRC will not have a direct role, as the departments will use separate authorities under their control to authorize reactor construction for national security purposes, the official said.

The president’s orders also aim to jump start the mining of uranium in the U.S. and expand domestic uranium enrichment capacity, the official said. Trump’s actions also aim to speed up reactor testing at the Department of Energy’s national laboratories.

Investment in nuclear power is growing in the U.S. after a long period of financial turmoil for the industry, including the shutdown of a dozen reactors in recent years as the industry struggled to compete against cheap and abundant natural gas.

Building new nuclear plants in the U.S. is notoriously slow and expensive. The two new reactors that recently came online at Plant Vogtle near Augusta, Georgia took seven years longer-than-planned to build, and came in $18 billion over budget.

But the computer technology industry is now riving the revival in nuclear as it races to meet growing electricity demand from data centers used to drive artificial intelligence. Three Mile Island, one of whose reactors was the site of a partial meltdown in 1979, is expected to return to service in 2028 with financial support from Microsoft, for example, and Alphabet and Amazon are investing in small, advanced reactors.

[ad_2]

Source link

You might also like

Sends shares Q1 2026 business update and product progress

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

Why the economy could be spared 2022-style inflation despite high oil prices

Share30Tweet19
Previous Post

Price predictions 5/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

Next Post

Charts indicate this beaten-down beverage stock is rebounding, headed $10 higher, says Carter Worth

Robert Frost

Robert Frost

Recommended For You

Sends shares Q1 2026 business update and product progress
Industries

Sends shares Q1 2026 business update and product progress

April 14, 2026
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
Industries

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

April 14, 2026
Why the economy could be spared 2022-style inflation despite high oil prices
Industries

Why the economy could be spared 2022-style inflation despite high oil prices

April 14, 2026
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
Industries

Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested

April 13, 2026
Next Post
Charts indicate this beaten-down beverage stock is rebounding, headed  higher, says Carter Worth

Charts indicate this beaten-down beverage stock is rebounding, headed $10 higher, says Carter Worth

Related News

BTC price due for 8K ‘ping pong’: 5 things to know in Bitcoin this week

BTC price due for $108K ‘ping pong’: 5 things to know in Bitcoin this week

September 29, 2025
Aventura-X review: Classic Vespa vibes in a modern electric scooter

Aventura-X review: Classic Vespa vibes in a modern electric scooter

September 19, 2024
Strategies for enhancing employee satisfaction in your organisation – London Business News | London Wallet

Strategies for enhancing employee satisfaction in your organisation – London Business News | London Wallet

September 4, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?