S. 1739: International Nuclear Energy Financing Act of 2025
The International Nuclear Energy Financing Act of 2025 is a proposed piece of legislation that aims to support nuclear energy on an international level. The main goals of this bill include:
Advocating Support for Nuclear Energy
The bill instructs U.S. representatives at major international financial institutions like the World Bank and the European Bank for Reconstruction and Development to:
- Promote the removal of restrictions against financial and technical assistance for nuclear energy.
- Encourage institutions to improve their ability to assess and support nuclear energy projects in countries they assist.
Establishment of a Nuclear Energy Assistance Trust Fund
The bill proposes the creation of a new Nuclear Energy Assistance Trust Fund at international financial institutions. The purposes of this trust fund include:
- Providing financial and technical support for developing and distributing nuclear energy in countries that borrow from these institutions.
- Offering financing on competitive terms to counter foreign loans that might undermine U.S. interests.
- Ensuring that only nuclear technologies that meet or exceed U.S. standards or those of U.S. allies are supported.
- Building the capability of these institutions to manage and evaluate nuclear projects effectively.
Monitoring and Reporting
Furthermore, the bill mandates regular reporting for seven years on the progress made in promoting nuclear energy assistance and the activities related to the trust fund.
Timeframe for the Trust Fund
Lastly, the provisions related to the trust fund would be effective for ten years from the date the law is enacted, after which they would cease to be in effect.
Relevant Companies
- NEE - NextEra Energy, which is involved in nuclear energy production and may benefit from international opportunities.
- DNN - Denison Mines Corp, which is involved in uranium mining and could be affected by increased financing and interest in nuclear energy globally.
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This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
2 bill sponsors
Actions
2 actions
| Date | Action |
|---|---|
| May. 13, 2025 | Introduced in Senate |
| May. 13, 2025 | Read twice and referred to the Committee on Foreign Relations. |
Corporate Lobbying
0 companies lobbying
None found.
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