Decouple A Civil Nuclear Debate
Dec 24, 2024
In a thought-provoking discussion, James Krellenstein, CEO of Alva Energy, and Ted Nordhaus, executive director of The Breakthrough Institute, debate the future of nuclear technology. They explore the merits of large light water reactors versus advanced small modular reactors. Topics include the challenges of building large reactors in the U.S., financial and regulatory obstacles, and the importance of consensus in nuclear advocacy. Their nuanced conversation promotes collaboration to navigate the complex landscape of nuclear energy innovation.
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Nuclear’s Big Question
- Nuclear deployment faces a key question: large conventional reactors or smaller, advanced designs?
- Recent developments show a shift in momentum back towards advanced and small modular reactors (SMRs).
Large Reactor Hurdles
- Building large reactors like the AP1000 presents significant financial and institutional challenges in the U.S.
- The scale of investment required makes it difficult for utilities and regulators to take on the risk.
SMRs and Market Demand
- James Krellenstein argues that SMRs address a market demand for smaller, less financially risky nuclear projects.
- He points to international examples like Hinkley Point C and Okiluoto 3, built in deregulated markets through alternative financing models.