Oklo co-founder and CEO Jake DeWitt discusses realistic commercialization timelines for advanced nuclear technology with host Laura Pierpoint.
Assertion Partly supported
DeWitt: Nuclear requires the least materials per lifetime gigawatt-hour
“And when you look at that, nuclear by far requires the least of all energy sources available to us today. And it's a significant difference in advantage.”
Assertion Partly supported
DeWitt: Fast reactors can reduce nuclear waste storage timelines to centuries
“Fast reactors in particular have some neat attributes where they can not just use this fuel efficiently, but they can use waste from other reactors and themselves quite efficiently and economically so, right? That's been one of the big hangups and holdups for …”
Disclosure
DeWitt: Oklo submitted a 600-page NRC application instead of 10,000+ pages
“Instead of being a 10,000 plus page document, it was, you know, 600 pages. It was, which by the way, mind you, is actually still a higher page per megawatt count than other plants, so it doesn't scale perfectly like that, but still significantly more efficient…”
Assertion Supported
DeWitt: All US commercial nuclear waste fits on one football field
“Nuclear power has produced, you know, a lot of energy for decades right? Producing 20% of our energy for, well, I don't, 30 plus, 40 plus years, and then before that as well. And the amount of waste it's produced would fit on a football field, being like, you …”
Assertion Supported
DeWitt: Large Western nuclear builds face multi-billion-dollar cost overruns
“The challenges with new builds, especially in Western countries with these big, Light water cooled, in other words, just water cooled power plants that produce like a thousand megawatts, you know, they're years behind schedule, billions of dollars over budget …”
Assertion Supported
DeWitt: Nuclear systems produce heat much more cheaply than electricity
“Nuclear systems fundamentally produce heat that we then do things with. And so they actually produce heat much more cheaply than they even produce electricity.”