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Public Policy > Nuclear Technology Exports > Federal Coordination
 
QUOTABLE:

"The lack of an integrated government-wide approach that links the potential growth of such [123] agreements and the growing worldwide nuclear market to a well-defined strategy to support and promote U.S. nuclear exports is negatively affecting U.S. nuclear industry’s ability to compete globally…. [and] may impede the ability of the industry to make meaningful contribution to the President’s goal of doubling national exports in five years."

- GAO Report on Nuclear Commerce
November 2010

Public Policy

Federal Coordination

Two overhead cranes moving a steam generator from Babcock & Wilcox shop floor to a barge on the Ohio River. © 2012 The Babcock & Wilcox Company. Photos and captions provided with permission of The Babcock & Wilcox Company.U.S. exporters do not have the same level of government support in overseas markets as foreign suppliers. Foreign firms typically have the full backing of their national governments through direct investment and/or seamless and extensive public-private partnerships that promote the expansion of their national nuclear supply chain, including services. By contrast, U.S exporters suffer from fragmented government support and are subject to a web of regulations that are complex and cumbersome.

Although some functions performed by various agencies of the U.S. government may be instrumental for U.S. commercial nuclear exports, other functions are often poorly coordinated (and often at cross purposes) with each other and with U.S. industry. Ineffective U.S. government coordination hurts U.S. exporters, who are private companies that vary in size and structure from small consulting and manufacturing firms to large investor-owned corporations

 

Competitive Export Financing

Lungmen Nuclear Power Plant in Taiwan. GE Hitachi Nuclear Energy is building two ABWRs for Taiwan Power Company. Photo courtesy GE Hitachi Nuclear Energy and Taiwan Power Company.Competitive financing for U.S. exports is vital in the commercial nuclear sector, but export finance suffers from poor U.S. government coordination.  Although the Export-Import Bank of the United States (Ex-Im Bank) supports nuclear projects, the Overseas Private Investment Corporation (OPIC) excludes nuclear power projects under its social and environmental responsibility policy.  Further, despite declared administration support for nuclear power and U.S. commercial nuclear exports, the federal government does not protest the World Bank Group’s exclusion of nuclear projects from its investment portfolio. 

 

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