The deal: The US has agreed to help Saudi Arabia develop a civilian nuclear program (and possibly allow the kingdom to enrich uranium domestically). This 30-year, multibillion-dollar collaboration will give “American companies a central role” in building Saudi nuclear infrastructure, the Wall Street Journal wrote.
The downstream: The Trump administration claims the deal will inject billions into the US nuclear industry, The New York Times reported. Among the possible beneficiaries? Westinghouse, which is already partnering with the DOE on a fleet of up to 10 AP1000 units.
jue., jul 23
NEWS: The US-Saudi Arabia nuclear deal could bolster the industry’s domestic revival.
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