US EditionTrump signs executive orders aimed at easing regulations on and expanding nuclear energy production
- On Friday, President Donald Trump signed executive orders to streamline nuclear reactor licensing and expand U.S. nuclear energy production.
- The orders respond to a decade-long, multi-year licensing process that has slowed new projects despite rising electricity demand from data centers and AI systems.
- The measures include cutting regulations at the independent Nuclear Regulatory Commission, directing Energy and Defense departments to build plants on federal land, and reinvigorating uranium production.
- ASPI’s shares jumped 14.4% to $8.92 following a $22 million loan from TerraPower to help fund uranium enrichment at the Pelindaba plant in South Africa, supported by supply contracts with a total estimated value exceeding $4 billion extending through 2037.
- The orders aim to reduce foreign uranium reliance and boost domestic nuclear growth, though experts warn that regulatory changes may risk safety and that full impact remains uncertain.
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47 Articles
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