Europe: Nuclear Industry Pushes for Domestic Supply Chains

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The European nuclear industry is working to bolster domestic supply chains and technologies as it looks to avoid being out-competed by US nuclear vendors in its own domestic market. To this end, European industry players are moving forward with European nuclear alliances, marketing planned products as “100% European,” and pushing for a nuclear-supportive EU response to the US Inflation Reduction Act (IRA). Europe's nuclear industry also hopes such measures will lower the risk of impacts from sanctions and restrictions, volatile goods prices and unusually long lead times.

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