Energy Secretary Chris Wright: "Nuclear is the single biggest issue I work on."
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Episode Description
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Brief Summary
Nuclear energy's future hinges on Gen 4 reactors and government support, with a ten-year timeline for a free market.
Key points
- Next Generation Reactors. We're supplying Halo fuel for next generation reactors, with a commitment to five.
- Government Support for Nuclear. After decades of decline, we need government support to revive the nuclear industry.
Episode quotes
Transcript
Nuclear is the single biggest issue I work on. We will have three next generation Gen 4 reactors critical in Idaho National Lab next summer. We're supplying Halo, the fuel for these next generation reactors. We've already committed to five and we'll give it to a dozen of these next generation reactor companies. We worked in the one big beautiful bill to keep in the nudge that tax credits for nuclear because the government smothered the industry and killed it for three decades. Even a free market guy like me thinks we need to get a little help to get it started. How far away are we till it's free market running?
Probably 10 years because it's just a learning curve with the small modular reactors. You got to build up the supply chain and build them in volume. And the cost can come down dramatically.
