US Sends Cooperation Message to Turkey for SMR Investments

The President of the US Trade and Development Agency (USTDA), Thomas Hardy, sent a cooperation message to Turkey for small modular reactor (SMR) investments. Hardy spoke at a roundtable meeting held at the Washington Foreign Press Center to evaluate USTDA's operations.

Cooperation for SMR Investments

Hardy stated that they had a very productive meeting with the delegation from Turkey in May to evaluate cooperation opportunities in the fields of cyber security and artificial intelligence. USTDA will continue to prioritize digital projects.

Cooperation in the Field of Energy in Turkey

Having visited Turkey this year and met with the Minister of Energy and Natural Resources, Hardy stated that they have a strong consensus that USTDA can play an important role when Turkey considers investing in SMRs.

■When we look at the Turkey program, digital projects will continue to form a significant part of our programs.

■I suggest you closely follow the announcements that will come from USTDA in the field of nuclear energy in both the public and private sectors in the near future.

Developments in the Field of Nuclear Energy

Hardy stated that Turkish authorities have emphasized the importance of nuclear energy in meeting baseload electricity needs, and USTDA has a long history of success in the field of geothermal energy in Turkey, and has been involved in many geothermal and digital infrastructure projects.

Markets will closely follow the US cooperation message for SMR investments in Turkey. This development may create significant cooperation potential in the energy sector.