Kugelmass: Poor construction methods and subsidies crippled global nuclear deployment
Brett Kugelmass · Strong opinions on SMRs · Feb 16, 2023 · at 11:51
Last Energy CEO Brett Kugelmass discusses the structural problems that have historically caused nuclear power plant construction delays and cost overruns.
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“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, usually the backing by governments, which the industry insists upon, ends up removing all, like, true commercial incentives, and makes these projects just drag out forever and ever and ever.”
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