Ep. 55 - Geoffrey Rothwell, Economics of Nuclear Power

In this episode, we discuss...

• A deep dive into the economics of nuclear power.

• The evolution of the uranium enrichment industry and the processes involved.

• Causes behind significant fluctuations in the value of uranium throughout history.

• The enrichment capabilities of different countries.

• Separative work units and how they apply to enrichment processes.

• The necessity for negative bidding in the nuclear industry.

• A look at Nikola Tesla and Thomas Edison's respective impacts on the electric and nuclear industries.

• An explanation for the multiple definitions of SMR (Small Modular Reactors).

• The grave pitfalls of market-driven approaches to energy and their impact on climate.

• Historical symptoms of climate change including the receding glaciers.

• Approaches we can adopt to decrease energy's cost of capital.