This is the first Bankable! podcast to showcase a university nuclear research laboratory, with an insightful conversation with Dr. Rusty Towell. Founded in 2015, Nuclear Energy eXperimental Testing Lab part of Abilene Christian University, and sponsored by Natura Resources, NEXT Lab is said to be building the first advanced university research reactor. https://acu.edu/research/next-lab/
Natura Resources' MSR-1 will be a 1MW next-generation molten salt research reactor, with its technology described by NEXTLab as essential to addressing the world’s need for energy, water and medical isotopes, while educating future leaders in nuclear science and engineering. https://www.naturaresources.com/
Recorded August 14th, this podcast showcases one of the 11 technologies selected by the USA’s Department of Energy Nuclear Reactor Pilot Program, as announced August 12th. Natura Resources, alongside 10 advanced reactor technologies, will be supported by the DoE to streamline nuclear reactor testing in hopes of fast-tracking their commercial licensing. https://www.energy.gov/articles/department-energy-announces-initial-selections-new-reactor-pilot-program
Why the interest? Well, if it all goes to plan, this research reactor could see its first deployment in 2026 … that’s next year … with a commercial facility sized to generate up to 100MW of electricity by 2030, far sooner than its European counterparts. Plus, it will be on track to supply the 5x multiple of electricity demand which the International Energy Agency envisages by 2030 to match AI and global computing Advancement.
Subscribe to Bankable! on your favorite podcast platform. Get in contact with Fresco CleanTech Solutions to explore financing solutions for New Nuclear technology or projects. https://www.linkedin.com/company/frescocleantech.solutions
Enjoy the conversation.
","author_name":"Fresco CleanTech Solutions"}