The ability of the United States to compete in the international nuclear energy market against the likes of Russia and China is dependent on the strength of our own country’s domestic sector.
Without a steady pipeline of skills, innovation, and products, our nation will have limited capacity to compete.
While open and competitive markets are not the norm in all countries where U.S. nuclear power companies seek to do business, they are commonplace in America.
From time-to-time unfavorable market conditions make it difficult for even the strongest providers to compete.
At the point where these market conditions severely impair our national security interests, action is required.
(Learn More. New nuclear energy technology has come a long way – but can we get over our fears? In this fifth episode of Climate Lab, hosted by Emmy-nominated conservation scientist Dr. M. Sanjayan, they explore the surprising elements of our lives that contribute to climate change and the groundbreaking work being done to fight back. Featuring conversations with experts, scientists, thought leaders and activists, the series takes what can seem like an overwhelming problem and breaks it down into manageable parts: from clean energy to food waste, religion to smartphones. Sanjayan is an alum of UC Santa Cruz and a Visiting Researcher at UCLA. Courtesy of Vox and YouTube. Posted on May 17, 2017)
The Department of Energy and our broader U.S. Government are developing and implementing the necessary and appropriate actions to help support the nuclear power sector while the industry regains strength.
IP3 applauds our Government’s focus on behalf of our national security and economic interests.
“There is now a lively debate regarding the U.S. nuclear power generation, among other elements of our domestic energy infrastructure,” explains IP3 Co-founder and national security expert, General (Ret.) Jack Keane.
“The individuals who created this company have dedicated their careers to national security, and remain wholly committed to safe, secure nuclear energy.”
“We encourage this long-overdue discourse and appreciate our government taking tangible actions to ensure that our industry can be competitive against the world’s other nuclear powers.”
While the United States excels in nuclear energy technologies, safety, security, and efficient operations, our country continues to suffer from the realities of a declining nuclear power sector.
Plants are closing, and with no current plans for replacement, atrophy is inevitable.
This comes at a time when many countries are pursuing nuclear energy programs and will need assistance from current nuclear suppliers to enable development and operation.
The active countries include the United Arab Emirates, Turkey, Saudi Arabia, Jordan, Egypt, and others.
“Our growing weakness at home complicates the ability of American companies to promote our products and services in the international markets,” said the Honorable Bud McFarlane, Co-founder of IP3 and former National Security Advisor.
“Our company’s leaders are regularly asked by officials in countries seeking to import peaceful nuclear energy whether the United States is committed to this industry.”
“American businesses express interest, but are seriously disadvantaged as long as there is doubt about U.S. government support.”
As many experts have long illuminated, if the U.S. continues to decline in nuclear energy, American companies will keep losing international business to other countries.
At this time, Russia is dominating these deals. Because nuclear reactor design, construction, and operations carry forward for decades, this positions Russia as a strong force in influencing the geopolitics and energy infrastructure of countries importing their nuclear energy offerings.
It also deprives the United States of the intimate working relationships that are crucial to ensuring high safety and security standards and preventing proliferation risks.
“This should be of great concern to anyone entrusted with protecting U.S. interests,” said IP3 Director Mike Wallace.
“We need women and men with deep nuclear knowledge in our defense institutions, National Laboratories, and the companies that produce nuclear-grade equipment and supplies.”
“If lifelong career prospects appear dim for those interested in nuclear technologies, we will have a harder time recruiting our brightest young Americans into this career field, including for the nuclear Navy.”
IP3 supports policy action on this subject as an issue that the U.S. government must address imminently, and welcomes recent indications that it is taking action to do so.
Finding effective ways to promote the American nuclear industry is both a national security and an economic imperative for both our public and private sector leaders.
The mission of IP3 is an integrated energy and security company dedicated to the development and operations of peaceful and secure nuclear power in the global marketplace.
IP3 accelerates reliable power generation through a zero-carbon model, provides fully integrated nuclear power and security solutions, and reestablishes the U.S. nuclear industry as the global market leader.
- Nuclear energy is the only clean-air source of energy that produces electricity 24 hours a day, every day
- 1,000 MW reactor produces 7.9 billion kWh per year, enough to replace 13.7 million barrels of oil equivalent
- Nuclear power plants provided 20% of U.S. electricity production, but accounted for 60% of emission-free generation in 2016
- 13 countries receive 25% or more of their energy from nuclear power
- Over 55 reactors are under construction worldwide and about 160 are on order or planned
Sources: https://www.nei.org/Knowledge-Center/FAQ-About-Nuclear-Energy, https://www.nei.org/Knowledge-Center/Nuclear-Statistics/US-Nuclear-Power-Plants, https://www.nei.org/Knowledge-Center/Nuclear-Statistics/Environment-Emissions-Prevented, https://www.nei.org/Knowledge-Center/Nuclear-Statistics/World-Statistics