Sept 26 (Reuters) - The Nuclear Company said on Friday
that it has signed a strategic agreement with U.S. steelmaker
Nucor Corporation ( NUE ) to boost the country's nuclear power
supply chain and support domestic manufacturing.
TNC, a U.S. nuclear deployment company, said the companies
will assess the use of NQA-1 steel and related infrastructure
for gigawatt-scale nuclear reactors as per the American Society
of Mechanical Engineers' certification standards.
The partnership supports executive orders from President
Donald Trump targeting 400 gigawatts (GW) of nuclear capacity by
2050, including construction of 10 large-scale reactors in the
next five years, TNC said.
The U.S. has launched an effort to
speed development
of power plants and transmission lines after Trump on his
first day back in office in January issued an order declaring an
energy emergency
as artificial intelligence, data centers, and electric
vehicles are boosting power demand for the first time in two
decades.
TNC's partnership also aims to help the U.S. compete with
China and Russia, which have expanded their nuclear reactor
fleets rapidly in recent years, it said.
"Our partnership with Nucor ( NUE ) will protect America's national
security, help achieve energy independence and create a more
resilient economy," said TNC CEO Jonathan Webb.