The Changing Geopolitics of Nuclear Energy: A Look at the United States, Russia, and China
The U.S. nuclear energy industry is facing a relative decline while Russia and China are growing their nuclear competitiveness. This report investigates changes to the three countries’ foreign policy influence and the role governments play in nuclear power development.
The nuclear industry of advanced industrialized countries is under significant pressure to remain competitive as the market landscape for new nuclear power opportunities changes. The relative decline of U.S. nuclear export competitiveness comes at a time when Russia is boosting its dominance in new nuclear sales, and China is doubling down on its effort to become a leader in global nuclear commerce. This report illuminates how the changing market competition among the United States, Russia, and China will affect their future relations with nuclear commerce recipient countries, and discusses…
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