4Max/Shutterstock Save for later Print Download Share LinkedIn Twitter Nearly three months into the second Trump Administration, the US government has signaled an intention to progress several specific mechanisms to support nuclear power, but the outlook for maintaining the nuclear momentum present at the end of the Biden Administration has grown increasingly murky. There is continued uncertainty over the broad panoply of government subsidies that backstopped this momentum, even as the Trump administration supports boosting natural gas and even coal-fired generation — baseload power sources with the potential to block out nuclear with cheaper prices. Then there are the White House's ongoing efforts to slash regulatory oversight, which in the case of the Nuclear Regulatory Commission (NRC) might have the unintended effect of increasing uncertainty for the nuclear industry, particularly advanced nuclear firms. Finally, there is the possibility that Trump's global trade war might precipitate a recession, which would likely have consequences on power demand growth and the business case for new nuclear.
