The United States needs new nuclear power to meet our baseload power needs, revive critical industries and reduce carbon pollution. High finance costs, however, have long stood in the way of this.
In this Idea Brief, Third Way proposes how to remove the financing barrier standing in the way of revitalizing our nuclear power sector. We recommend using a clean energy bank as a permanent loan guarantee platform and a set of reforms to the Nuclear Regulatory Commission’s licensing process to improve transparency and predictability.
