Decouple
Jigar Shah: Breaking the Nuclear Stalemate
Aug 18, 2023
Jigar Shah, Director of the US Department of Energy Loan Programs Office, discusses the future of nuclear power in the USA. They explore growing up near a nuclear station, the role of the Loan Programs Office in the industry, comparing costs and models of nuclear power plants in the US and Korea, and the need for nuclear energy to meet energy demands. Funding options, transitioning to clean energy sources, and advanced geothermal technology are also discussed.
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Quick takeaways
- The US nuclear industry faces challenges from other countries leading in non-water based nuclear technologies, but proactive steps can secure its leadership position and address climate change threats.
- Diversifying the energy portfolio with clean firm power sources like nuclear is crucial for grid reliability and resilience, ensuring continuous clean energy supply.
Deep dives
US nuclear industry facing challenges
The US nuclear industry is currently facing challenges, including a lack of firm orders for new nuclear designs and competition from other countries in the export market. China and Russia are leading in the deployment of non-water based nuclear technologies, while American-designed reactors are being developed overseas. However, there is still hope for the US nuclear industry as proactive steps can be taken to realize its leadership position and meet the threats of climate change. The government plays a crucial role in supporting and enabling the nuclear industry, and efforts are being made to secure funding for new nuclear projects.
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