The tremendous advances in electron microscopy and microanalysis have enabled significant advances in our understanding of environment-sensitive behaviour of materials used in nuclear power systems. Of particular importance has been the combined technique approach with a broad range of instruments from laser scanning confocal microscopes, FIB-SEM dual beam microscopes, low voltage SEMs, advanced analytical S/TEMs, etc. The new EDX spectrometer capabilities provided by low voltage Si Drift Detectors for use with low voltage SEM operation as well as by multiple SDD configurations for analytical electron microscopes have enabled nanoscale chemical analysis that approaches or rivals the atom probe. These advances coupled with the ability to study liquid-metal and gas-metal reactions are enabling fundamental materials research into the nanoscale reactions that are associated with degradation phenomena in power generation systems. These include the identifying the precursor reactions leading to the initiation of stress corrosion cracking in a susceptible annealed Ni-base alloy (Alloy 600), and the localized microstructural changes associated with material processing that can affect material susceptibility to SCC. Of particular interest is the related weld metal for Alloy 600, which is Alloy 182.