Brett Kugelmass, CEO of Last Energy, argues that early nuclear reactor designs were far cheaper and more deployable than modern alternatives.
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“If you, if we just like went into those facilities, like looked at the blueprints and the Built them exactly how they were built. We would decarbonize the entire planet, and every human being would have energy that's, like, five times cheaper than they're paying today, and that is with 1968 technology that is still operating today.”
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More from Brett Kugelmass
AssertionContradicted
Kugelmass: Global SMR sector is entirely PR, with zero physical construction
“Well, there's virtually nothing actually being built globally anywhere for anything other than the traditional reactors. There's a lot of press announcements. Our company is building stuff, but we can get to that later. And then everything else is very theoret…”
Kugelmass: Poor construction methods and subsidies crippled global nuclear deployment
“The only reason that we don't have 10 times as much nuclear As we do today, both installed, but also being built, is simply because the way that we have decided to build them is terrible. Just overly complex construction, like, awful financial incentives, usua…”
Kugelmass: NuScale's NRC certificate is for a deprecated design they discarded
“The things that they got the certificate for are deprecated designs. So no, they don't have like, yeah, like everything that you're seeing is for something they submitted years and years and years ago, and they've totally thrown in the trash at this point also…”
Kugelmass: Any NRC administrative assistant can trigger a two-year project shutdown
“Like, any single person, you could be an administrative assistant at the NRC, at any point can raise a safety flag on any project and shut that project down for two years. This could be someone with no technical training whatsoever. If they come across a piece…”
Kugelmass: Advanced chemistry nuclear reactors will not deploy until mid-2030s
“The ones that are most realistic, even by their own admission, by the way, to be built in the next five to 10 years, are the ones that use the traditional proven reactor technology and don't introduce some sort of physics chemistry or material science innovati…”
Kugelmass: No entity has completed NRC licensing for under $1 billion
“In order to get a license, you have to submit a license application. It is at minimum, in the U.S., it's at minimum four years, ah, worth of work. No one has done it for less than one billion dollars. No one has spent less than one billion dollars in licensing…”
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