Trump is in favor of nuclear energy because it's'more American than wind and solar', a US official claims

The director of the U.S. Energy Dominance Council stated on Thursday that the Trump administration would be more inclined to provide loan guarantees and tax incentives for nuclear energy than wind or solar, because it was "more American".

Jarrod Agen is the director of this White House council. He said that nuclear power will be more likely made with U.S. parts than wind or solar farms. Agen said that the administration would be more inclined to provide financial assistance from the U.S. Loan Programs Office and encourage tax incentives.

He said, "Nuclear energy is a new technology and we must invest in it if we want to succeed. The president's long-term plan will be to implement this." "It's not had the right kind of investment." It hasn't been given the same focus as some other (intermittent) energy sources."

He added that American companies are at the forefront in building nuclear reactors.

Agen said that building nuclear power was the third component of the Trump administration’s strategy to win the artificial intelligence race with China. This comes after the extension of the life spans of coal plants which are about to retire and the improvement of the electric grid. (Reporting and editing by Diane Craft, Lincoln Feast and Valerie Volcovici.)

(source: Reuters)