Trump executive orders spur Westinghouse plans for 10 large US reactors by 2030
President Donald Trump's executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licenses for reactors and power plants to shrink a multi-year process to 18 months.
Dan Sumner, Westinghouse interim chief executive, told the FT that the company was 'uniquely positioned' to deliver the president's agenda because it had an approved reactor design, a viable supply chain and recent experience of building two of its AP1000 reactors in Georgia.
'There is active engagement with the administration, including key points of interface with the loan program office, recognizing the importance of financing to the deployment of the model,' he told the FT.
Westinghouse did not immediately respond to requests for comment outside regular business hours.
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