Japan and the United States are considering adding a major nuclear energy project to the next round of deals under Tokyo’s $550 billion investment package.
Sources say the proposed project could involve Westinghouse, aiming to strengthen energy supply chains amid renewed global concerns about energy security.
The initiative comes as tensions in the Middle East heighten worries about energy stability and long-term power supply across global markets.
Several investment deals may be announced when Japanese Prime Minister Sanae Takaichi meets President Donald Trump in Washington on March 19.
Tokyo is accelerating negotiations after committing to major investments as part of a U.S. tariff agreement, already unveiling three projects worth $36 billion.
One previously announced project includes the development of a natural gas power plant in Ohio, highlighting broader energy cooperation between both nations.
The nuclear proposal could involve pressurized water reactors and small modular reactors, potentially reaching investments of up to $100 billion.
Japanese firms including Mitsubishi Heavy Industries, Toshiba, and IHI may participate, though companies say final decisions will depend on further negotiations.
