Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports. Potential implications over the longer term, however, require urgent action, officials from the Nuclear Energy Institute (NEI) said.
NEI CEO and President Maria Korsnick told reporters at the ongoing CERAWeek by S&P Global conference in Houston on March 9 that the trade group is still evaluating whether President Biden’s March 8 Executive Order to ban the import of Russian oil, liquefied natural gas, and coal to the U.S. will affect the nuclear industry.
