Thermal power cycle infrastructure has a pretty high lower bound on price even if you’re ignoring the cost of containing a fission reaction. It’s not that ther

Thermal power cycle infrastructure has a pretty high lower bound on price even if you’re ignoring the cost of containing a fission reaction. It’s not that there wouldn’t be learning curves, it’s that we’ve already seen the learning curve for the easiest part of the stack, and it’s not competitive. I’m all in favor of continuing to throw VC money at small nuclear, to be clear. The regulatory situation everywhere outside of Texas is so bad that there will be niches where “power plant arrives on a semi, no external interconnect required” is a great business proposition. But if we had a sane regulatory environment for building transmission and interconnect, nuclear wouldn’t get enough custom to ever climb the learning curve.