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US Nuclear Industry ‘Needs Federal Help’ With Financial Risk Of First-Mover Projects

By David Dalton
21 August 2025

Critics who say reactors are too expensive underestimate its long-term value, according to Bechtel boss

US Nuclear Industry ‘Needs Federal Help’ With Financial Risk Of First-Mover Projects
Bechtel boss Craig Albert said cost is the ‘elephant in the room’ for the nuclear industry. Courtesy Georgia Power.
If the US wants to expand nuclear energy and unlock efficiency gains the industry will need more help from the government to assume some of the financial risk of first-mover projects, Craig Albert, president and chief operating officer of engineering and construction company Bechtel, has said.

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