Can U.S. nuclear heavyweights catch Russia and China? Trump bets on it

The United States sought to reassert itself as a top exporter of nuclear technology during President Donald Trump’s trip to Asia this week, pressing Japan and its big banks to help finance deals that could benefit major U.S. companies, including Westinghouse Energy and GE Vernova Hitachi.

Thirty-one countries have committed to tripling nuclear power by 2050. But industry experts say U.S. builders of nuclear reactors have struggled to match the scale, simplicity and affordability of competitors, especially Russia.

“Russia has the ability to come in and provide a turnkey approach. They’ve got a really great pitch,” said Todd Abrajano, president and CEO of the United States Nuclear Industry Council. “They can handle everything from the financing, the construction, providing the labor, providing the fuel. They have a very broad scope in terms of what they have to offer.”

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