Webinar: NRC to discuss foreign ownership of U.S. nuclear reactors

Source:U.S. Nuclear Regulatory Commission

Nuclear Regulatory Commission (NRC) staff will hold a webinar on Aug. 21 to discuss the agency’s regulations regarding foreign ownership of U.S. nuclear power stations. The staff is responding to Commission direction on assessing foreign ownership issues and considering if any changes to NRC guidance or practice would be appropriate.

The webinar and associated teleconference will run from 9 a.m. to noon. NRC staff will first describe current regulations and then discuss previous stakeholder comments on the issue. Interested groups and the public will have the opportunity to ask questions and provide additional feedback on the matter. Please contact JoAnn Simpson at 301-415-8388 or joann.simpson@nrc.gov for teleconference information (to ensure appropriate resources are available) or for questions about the meeting.

The Atomic Energy Act and NRC regulations disqualify any applicant for a nuclear power plant operating license if the applicant is owned, controlled or dominated by a foreign national, a foreign corporation or a foreign government. In recent years, a number of licensing actions before the NRC have involved complex issues of foreign ownership, control and domination. This is likely due to the increased globalization of the electric power industry and complexity of corporate structures generally.

The Commission directed the staff in March to provide its assessment and proposals by Dec. 31. At this time, no specific changes to guidance or regulation are under consideration.

Register for the webinar here: NRC Discussion on FOCD requirements

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