Show Notes
If we just tried to implement and scale the technology we have today for large scale nuclear reactors, with no innovation on reactor designs or business models, could we do it? How hard (or expensive) could it really be?
In this episode, Packy and Julia dig into the nitty gritty of these issues and look at what it actually takes to build a plant in America (and around the globe). They point out some opportunities to improve key problem areas like financing and workforce deployment. And they talk with nuclear experts, government financing officials, investors, and entrepreneurs who are all trying to figure out: how do we fix the economics of building large scale nuclear reactors?
Some of the answers include innovations in financing and possible regulatory changes – and some get more creative, like floating shipyards and repurposing old coal plants. Tune in to go deep on the economics of nuclear power plants.
Thank you to this episode’s guests:, Bret Kugelmass, Mark Nelson, Josh Wolfe, James Krellenstein, Emmet Penney, Julie Kozeracki, and David Ulevitch.
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Anrok is the enterprise-grade solution that automates sales tax compliance worldwide. Visit https://www.anrok.com/turpentine to claim your free nexus study and take control of your SaaS tax strategy. – A huge thank you to our presenting sponsors for Season 1: Range Fund Holdings: Visit https://www.rangeetfs.com or contact your financial advisor to learn more about the Range Nuclear Renaissance ETF and start investing in the future of energy. Secureframe: Get 10% off your first year of Secureframe: https://secureframe.com/packy Pilot.com: Get 20% off your accounting bill for the first 6 months, go to https://pilot.com/packy Clean Air Task Force https://www.catf.us/
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Timestamps: (00:00) Why is building new nuclear in the U.S. so expensive? (07:40) How nuclear fission and nuclear plants work (16:50) Nuclear power plant economics (29:05) So, how do we fix the economics of building nuclear power plants? (41:45) What's actually holding industry executives back from ordering more projects? (48:12) Serialized construction and developer models (58:50) Why is nobody talking about regulation? (1:08:30) Acceleration through federal and popular support (1:16:32) Recap
This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at [email protected].
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We can live in an Age of Miracles, but it’s going to take a lot of work. Energy abundance is the most important thing we can work towards as a species. More than simply surviving climate change, we have the opportunity to unlock a new level of human thriving if we can successfully navigate this transition. That’s why we chose to do the first season of Age of Miracles on the energy sources of the future. In this episode of Age of Miracles, the final episode of season one, Packy and Julia reflect on the importance of energy abundance, how nuclear energy helps us unlock it, and what the future might look like when we do. Thank you to all of our guests this season for making this show possible—we're so grateful.