"Age of Miracles"

E6: Nuclear Mailbag

Nov 24, 2023
The podcast discusses topics such as legislative progress of nuclear energy, challenges and costs of quality assurance in the nuclear industry, nuclear energy perspectives around the world, investing in nuclear, the importance of clean energy solutions, and ways to support nuclear energy.
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INSIGHT

NuScale's Cancelled SMR Project

  • The first commercial SMR project by NuScale in Idaho got cancelled due to rising costs and insufficient subscription demand.
  • This highlights the importance of choosing the right initial market for new nuclear projects.
INSIGHT

US Initiative to Triple Nuclear Capacity

  • The US is leading a push to triple global nuclear capacity by 2050 at COP28.
  • This initiative aims to secure financing for nuclear similar to other clean energy sources.
INSIGHT

Impact of QA Standards on Nuclear Costs

  • Nuclear-specific Quality Assurance (QA) standards, adopted in 1970, significantly increased the cost of nuclear projects.
  • These unique QA requirements resulted in a smaller, more expensive supply chain.
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