Thanks for explaining why fast reactors are so slow getting approved. I love the idea of reusing nuclear waste and thereby reducing the final waste by about 10X, so I'm a real fan of advanced and fast reactors and I hope they can overcome the inertia towards the old light water reactors soon.
I largely agree about the future dominance of LWRs, with one caveat. At some point we're going to need at least one higher-temp reactor desgin to handle industrial process heat applications.
Fantastic write up! It really backs up a lot of the assumptions I’m making as I evaluate the market, and there were lots of interesting insights as well. The parallels between the nuclear industry and the space industry (where my previous experience is) are unbelievable. And I think we’re poised for similar dynamics and results — tons of investment for a handful of winners, all of which employ modernized versions of 1960’s tech (eg SpaceX won with a kerosene liquid fueled rocket and a capsule, not some goofy fuel and spaceplane).
Thanks for explaining why fast reactors are so slow getting approved. I love the idea of reusing nuclear waste and thereby reducing the final waste by about 10X, so I'm a real fan of advanced and fast reactors and I hope they can overcome the inertia towards the old light water reactors soon.
I largely agree about the future dominance of LWRs, with one caveat. At some point we're going to need at least one higher-temp reactor desgin to handle industrial process heat applications.
Fantastic write up! It really backs up a lot of the assumptions I’m making as I evaluate the market, and there were lots of interesting insights as well. The parallels between the nuclear industry and the space industry (where my previous experience is) are unbelievable. And I think we’re poised for similar dynamics and results — tons of investment for a handful of winners, all of which employ modernized versions of 1960’s tech (eg SpaceX won with a kerosene liquid fueled rocket and a capsule, not some goofy fuel and spaceplane).
Very well written, easy to follow. Keep 'em coming.