2min chapter

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2023 Big Ideas in Technology (Part 2)

a16z Podcast

CHAPTER

Is There a Reform in the Nuclear Industry?

The time it takes to get all of the necessary approvals to build a plant is astronomical. There are super high fees, like multi-million dollars just to get designs looked at and approved. And as I mentioned before, there's a lack of the regulatory framework for SMRs in particular. Lowering the fees to improve the designs and accelerating the timelines overall are both essential steps if we want to see more SMRs come into production within the next few years.

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