IP3’s new enterprise Allied Nuclear made its media debut in Forbes on Aug. 7.
IP3’s founders formed Allied Nuclear because they saw a growing need to unlock the value of cooperation among U.S. and allied companies along the civilian nuclear supply chain.
Allied Nuclear helps IP3 separate their security business and creates a special purpose entity for companies to align their resources around specific nuclear energy projects. This ensures a private sector-led financing strategy and lays the groundwork for the formation of a fund to support infrastructure development programs.
In the Forbes interview, Allied Nuclear and IP3 CEO Michael Hewitt gave insights into nuclear energy development trends in the world market and recent pro-nuclear moves by the Administration:
“U.S. allies and developing countries want clean energy but they also want energy security; nuclear energy offers both,” Hewitt said. “But these countries are taken advantage of by China and Russia with all-encompassing and heavily-subsidized power plant offers that come with insidious ‘build-own-operate’ terms and predatory financing.”
Hewitt said Allied Nuclear has developed an approach that allows the U.S. and its allies to compete against adversary state-owned competitors by leading with the strengths of the U.S. industry while addressing the disadvantages of other vendors in the nuclear energy supply chain.
Hewitt said his company wants to help global allies “stay clear of ‘debt traps’ and national security risks posed by China’s Belt and Road Initiative investments.”
“Infrastructure development and energy security should not come at the expense of a country’s national sovereignty or financial interest,” Hewitt said.
In an Op-Ed for The Washington Times, Bud McFarlane — IP3 Co-Founder and Director and Reagan’s National Security Adviser — outlined the world’s need for the U.S. and allies to lead in building clean nuclear energy in developing economies. The world cannot afford global energy dominance by Russia and China, he warned.
Key insights and recommendations from the Winning the Peace Series hosted by C5.
READ MORE >
IP3 Co-Founder and CEO Michael Hewitt went on Saudi 24 channel’s Vision news program to talk about the U.S. and Saudi Arabia forging closer diplomatic and economic ties, Saudi Arabia’s strategic importance in world affairs, and the future of clean energy in the kingdom.
Veteran journalist Maria Maaloof interviewed the retired U.S. Rear Admiral.
Click below to watch:
Center for Strategic and International Studies on the market competition between the U.S., China and Russia in nuclear energy exports. READ MORE >
Financial Times – U.S. Energy Secretary Dan Brouillette and U.S. International Development Finance Corporation CEO Adam Boehler on how Washington provides an alternative to state-led financing from Beijing and Moscow. READ MORE >
University of Sydney’s U.S. Studies Centre sees opportunities for Australia to strengthen its economy and security through a U.S. policy framework meant to foster free trade in defense-related research and development between the U.S., Canada, Australia and the U.K. READ MORE >
IP3 representatives attended the 2019 Atlantic Future Forum on board HMS Queen Elizabeth, at anchor off Annapolis, Maryland.
The full-day conference brought together the brightest and most influential thinkers – from defense and beyond – to strengthen American-British ties and to encourage collaboration between the two countries’ public and private sectors. READ MORE >
IP3’s Co-founder and CEO Rear Admiral (Ret.) Michael Hewitt attended the 2019 U.K. Conservative Party Conference in Manchester, England and was a panel discussion on clean energy during their Innovation Day.
Historians often cite two American qualities to explain why the United States and its allies prevailed in the Cold War; military strength and better ideas — such things as the rule of law and freedom for individuals and the marketplace; often called “Soft Power” in shorthand. READ MORE >
Representatives from IP3 and Exelon met with executives from KEPCO Engineering & Construction Company during a visit to Korea last week.
In 1945, President Roosevelt and King Abdul Aziz of Saudi Arabia forged a partnership under which the United States provided security for the Kingdom to assure the flow of oil to global markets. READ MORE >
Bloomberg, U.S. nuclear energy developers on Tuesday met with President Donald Trump and asked for help winning contracts to build power plants in the Middle East and elsewhere overseas.
Axios, President Trump is set to meet this afternoon with U.S. energy industry leaders to discuss issues including the possibility of providing Saudi Arabia with a path to nuclear power.READ MORE >
Energy is an essential driver of every economy. It enables formation of businesses, jobs and the possibility of prosperity. Ironically, because we are so richly blessed with energy we tend to take it for granted. But what if your electricity were provided by an authoritarian government such as Russia or China? Before long that could well become the case for much of the world. READ MORE >
MCLEAN, VA –The ability of the United States to compete in the international nuclear energy market against the likes of Russia and China is dependent on the strength of our own country’s domestic sector. Without a steady pipeline of skills, innovation, and products, our country will have limited capacity to compete. READ MORE >
General (Ret.) Keith Alexander, U.S. Army, Co-founder and Director at IP3, on creating a strategy for secure economic development of nuclear energy in the Middle East, and implications for the region. Live from Bloomberg’s Future of Energy Global Summit in New York City. READ MORE >
The United States has a unique opportunity to shape and engage with Saudi Arabia at the outset of its nuclear energy program.READ MORE >
Does nuclear power have a future in the United States? Perhaps the more important question should be: Does America have the vision and national resolve to develop comprehensive energy policies to maintain our leadership in nuclear energy? READ MORE >
In 2015, John Kerry, then the Secretary of State, brought nuclear physicist and Secretary of Energy Ernest Moniz with him to Iran,… READ MORE >
There are two current trends in the Middle East that threaten to enable a nuclear arms race. A third offers a way to prevent it. READ MORE >
“The Italian navigator has just landed in the new world.” This was the coded message received seventy-five years ago when Enrico Fermi, an Italian immigrant who’d come to America to escape fascism, created the first man-made nuclear reaction below the University of Chicago gymnasium in 1942. Shortly after this successful experiment, nuclear power was fueling Navy submarines.READ MORE >
The good news: this summer, fuel will be loaded into the first of four nuclear plants, reactors that are the first of a new generation of technology. These advanced reactors are an engineering marvel, bringing simpler, safer, and more reliable clean energy to many places around the world. The plants are a triumph of American design.READ MORE >
A 60 percent share of the international market has boosted Moscow’s diplomatic clout. READ MORE >
Nuclear energy has an important role to play in combating climate change, but first the United States must address the safety and security concerns that come along with it. READ MORE >
Forging a New Consensus to Fight Climate Change and Weapons Proliferation. READ MORE >
Copyright © 2020 IP3 Corporation All rights reserved.