Talks between the Trump administration and Japan’s Ministry of Economy, Trade and Industry (Meti) to support a build-out of 10 Westinghouse AP1000 pressurized water reactors have sparked speculation and confusion, with some hopeful that Japanese export credit agencies will help backstop the US government’s order book, but the framework still lacks details on locations, construction, operation and offtakes. On a parallel track, the US Department of Energy (DOE) is ready to deploy billions in federal loan financing to risk-sharing consortia, but it’s unclear whether this will be enough to attract the capital market investment needed to scale up US nuclear newbuilds.
AloJapan.com