H.R. 1474: International Nuclear Energy Financing Act of 2025

This bill, known as the International Nuclear Energy Financing Act of 2025, aims to support the development and financing of nuclear energy projects globally, particularly in countries that are looking to incorporate nuclear energy into their energy mix. Here are the key components of the bill:

Objectives of the Bill

The main objectives of the bill include:

• Advocating for the inclusion of nuclear energy in financing decisions made by international financial institutions, such as the World Bank and the European Bank for Reconstruction and Development.
• Establishing a Nuclear Energy Assistance Trust Fund within these institutions to provide financial and technical assistance for nuclear energy projects.

Support for Nuclear Energy

The bill recognizes the importance of nuclear energy as a low-carbon power source and finds that:

• Nuclear power currently contributes significantly to the world's low-carbon electricity supply, with around 30% of it coming from nuclear sources.
• Other nations, particularly China and Russia, are actively exporting nuclear technology and have been gaining influence in developing regions through those efforts.
• A multi-national commitment was made to triple nuclear energy capacity globally by 2050, highlighting the need for financial support for nuclear projects.

U.S. Role

The bill mandates that the U.S. Secretary of the Treasury should instruct U.S. representatives in international financial institutions to:

• Advocate for the removal of any existing prohibitions on financing nuclear energy generation and distribution.
• Enhance the capacity of these banks to evaluate and implement nuclear energy projects effectively.

Nuclear Energy Assistance Trust Fund

The bill proposes the creation of a Nuclear Energy Assistance Trust Fund with several key purposes:

• To offer financial and technical support for nuclear energy generation and distribution in other countries.
• To make financing available on competitive terms, especially to counter financing from non-OECD countries.
• To promote the adoption of nuclear technologies that meet U.S. safety and quality standards.
• To enhance the capabilities of international financial institutions for assessing and managing nuclear energy projects.

Accountability and Reporting

The bill calls for the inclusion of progress reports in annual documents for seven years, detailing:

• Progress made towards multilateral support for nuclear energy.
• Updates on the establishment and activities of the nuclear energy assistance trust fund.

Duration of Effect

Finally, the bill stipulates that its provisions will remain in effect for ten years from its enactment date.

Relevant Companies

• BE - Bloom Energy Corporation: As a company focused on sustainable energy, Bloom Energy could be influenced by increased attention and funding in the nuclear energy sector.
• NNMI - NucleaNix Energy Inc.: Potentially impacted as a company involved in nuclear technologies and services, aimed at both development and safety of nuclear energy solutions.