Speaking at an event hosted by the Carnegie Endowment for Peace in Washington, International Atomic Energy Agency (IAEA) Director General Rafael Grossi said the U.S. has lost its leadership in the field of commercial nuclear reactors to Russia and China. “I think this is a challenge for America. It has traditionally been the leader, it lost this leadership but I heard the [U.S.] Secretary of Energy say that we want to regain this leadership,” Grossi said according to a post on Carnegie’s website and reported by TASS.
While saying that there would be huge opportunities for the U.S., Nonetheless he said, “The main vendor is Russian and the Chinese, CNNC, are very active and of course, they have a different financing model, which allows them to move more flexibly, including in international markets, so that is the challenge for American companies abroad,” he commented.
