Elemental Power

“26 to 28, we're doing a construction permit. You know, 29, we start construction, and by 32, 33, we're operating the plant.”

“They made investment, you know, mostly in the technology, but increasingly as this deal we're doing now with Google is in the upfront development, which is really the key part that needs to be re-risked.”

“So, for light water reactor technology there really isn't a technology risk, it's just, Pulling together the right pieces to, you know, de-risk it in the front end to get to a final investment decision and then start construction and have a solid plan to be su…”

“Our goal was to have a gigawatt under construction by twenty-thirty, 10 by 35, and a hundred gigawatts by twenty-forty. We're now looking at 4.2 gigawatts by twenty-thirty, so we've already, like, quadrupled that, or halfway there to our twenty-thirty-five goa…”

“Once you get down the curve, we're probably, you know, 10,000 dollars a kilowatt, so if you have a 600 megawatt plant, that'd be about six billion dollars. The first one might be, you know, 15, 20% more than that.”

“We're technology agnostic in the belief that, or the knowledge that we can go out and find sites that are amenable to the hyperscale is what they need for offtake and location that we can develop in a way that in a year from now or, A year and a half from now,…”

“Elemental came out of stealth this week and announced a big partnership with Google to develop a three-site portfolio of at least 1.8 gigawatts of new nuclear in the U.S.”

“I do see a path by which you get down to, from the seven to eight years, we're looking at the first ones, to getting down to five or six years, which to me really makes a game changer when people have their planning horizons.”