The New Fire
- Description
- Reviews
- Citation
- Cataloging
- Transcript
THE NEW FIRE tells a provocative and startlingly positive story about a planet in crisis and the young heroes who are trying to save it. Nuclear power has been vilified in popular culture and among much of the environmental community. Yet the next-generation reactors currently in development may actually be key to avoiding global catastrophe. The young entrepreneurs heading this energy revolution realize they’re up against more than the climate clock – they need to convince all of us that the "new nuclear" is safe and achievable.
Filmed across four continents over the course of twenty-two months, Emmy® award-winning director David Schumacher’s film focuses on how the generation facing the most severe impact of climate change is fighting back with ingenuity and hope. Featuring Jeffrey Sachs, Bill Gates, James Hansen, Ken Caldeira, Kerry Emanuel and nuclear start-ups Oklo, Transatomic, and TerraPower.
Educational Media Reviews Online (EMRO) | Reviewed by Bonnie Jo Dopp, Librarian Emerita, University of Maryland
Highly Recommended
"This hopeful, informative film depicts young nuclear engineers designing small, safe, advanced nuclear plants and starting new businesses to sell them to investors who aim to build them as soon as possible wherever sustainable non-carbon energy sources that do not pollute the atmosphere are welcome (currently in Canada, China, and India). [...] The wisdom of older engineers like James Hansen is shown here but because the emphasis is on young women and men doing important things about their future, even middle school science enthusiasts would find this program inspiring."
Video Librarian ★★★
Reviewed by C. Cassady
"Schumacher turns the camera lens on brave, young, idealistic, and mediagenic innovator-entrepreneurs from MIT and other labs, who are formulating 'nuclear 2.0' [...] A notable [...] entry into the sustainability debate, the film also includes comments from nuclear proponent Bill Gates and author Tom Blees. Recommended."
Jeff Nesbit, Executive Director of Climate Nexus and Author of This is the Way the World Ends
"People will some day look back from a future where safe, clean, advanced nuclear power is a reality and recognize that this film was the catalyst that inspired a new generation of climate heroes to become nuclear engineers."
Illinois Institute of Technology | Jeff Terry, Professor of Physics
"The New Fire tells the story of three advanced nuclear startups and in doing so, lays out the reasons why new nuclear is needed. This isn’t An Inconvenient Truth – it’s a new reality. We’re going to have to combat climate change, and we’re going to have to use nuclear power to do so. Some companies may succeed and some may fail. The question is: will humanity fail to address climate change because we fear nuclear power?"
Richard Rhodes, Author of Energy: A Human History
"This smart, compelling documentary is filled with idealistic young engineers convinced that nuclear power is the right energy to match with renewables to fight global warming. I think they’re right—and I think you will too after you meet them, breathe their enthusiasm, and see and hear their bold new ideas."
Columbia University | Jeffrey Sachs, University Professor and Director, Center for Sustainable Development, The Earth Institute
"With the urgency of transitioning to a low-carbon energy system, the debate over next-generation nuclear power takes on a special significance. The New Fire is the most important and captivating documentary film treatment of this issue. The film follows several young entrepreneurs on their quest for safe, flexible, and low-cost advanced nuclear technologies. Of great interest for all who are searching for solutions to the world’s climate-and-energy crisis."
MIT | Kerry A. Emanuel, Professor of Atmospheric Science
"The New Fire shows us that the path to avoiding serious climate risk can be one of plenitude and prosperity rather than sacrifice and scarcity. All those who are truly serious about our future must see this film."
Clean Air Task Force | Armond Cohen, Executive Director
"Taming climate change is a momentous challenge that is going to require every zero carbon technology we can affordably deploy, and The New Fire offers real hope that a new generation of nuclear technology can be part of that mix."
Center for Climate and Energy Solutions | Bob Perciasepe, President
"The New Fire will inspire all with its revelations of the amazing entrepreneurial spirit around nuclear innovation. New and advanced nuclear power can provide us with clean and safe solutions to address our climate and energy challenge."
Citation
Main credits
Gates, Bill (on-screen participant)
Sachs, Jeffrey (on-screen participant)
Hansen, James (on-screen participant)
Caldeira, K (on-screen participant)
Emanuel, Kerry A. (on-screen participant)
Schumacher, David (film director)
Schumacher, David (film producer)
Other credits
Adam Zucker, editor; Derek Wiesehahn, director of photography; Jeff Rona, music; Jason Conradt, design and animation.
Distributor subjects
Environmental Studies; Engineering; Public Affairs; Business; Sustainability Studies; International RelationsKeywords
WEBVTT
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- [Manager] Apollo 11 this is
the launch operations manager,
00:00:03.622 --> 00:00:06.270
the launch team wishes
you luck and godspeed.
00:00:06.271 --> 00:00:09.813
- [Neil] Thank you very much,
know it\'ll be a good one.
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- [Manager] Five, four, three, two...
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- We sometimes say \"moonshot\"
to mean miracle,
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but the moonshot wasn\'t a miracle.
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The moonshot was just great engineering
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of NASA from 1961 to 1969.
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I\'m old enough to remember it
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and to have watched every part of Mercury,
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Gemini and Apollo missions.
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And that was just the
greatest demonstration
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of organized engineering
prowess you could ever imagine.
00:00:48.792 --> 00:00:50.313
But it wasn\'t a miracle,
00:00:50.314 --> 00:00:53.564
it was just good, rigorous engineering.
00:00:56.194 --> 00:00:59.163
The shame of our world is that
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knowing that the climate
issue is an existential issue,
00:01:03.864 --> 00:01:07.914
we haven\'t gotten
organized to do a moonshot.
00:01:20.195 --> 00:01:21.375
- You know, I think if
you really want to do
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something about climate change,
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you need to stop talking about it
00:01:24.118 --> 00:01:26.951
as this sort of apocalyptic threat
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because it actually makes it much harder
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for anyone to embrace sort of pragmatic,
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reasonable actions to deal with it.
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- Part of the problem, we haven\'t
seen more action on
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climate change
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is traditionally thought of
not as a technological problem,
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but as a moral problem
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where people need to
change their behavior,
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they need to change how they
think about the environment,
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and we have all the technologies we need,
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which is something we hear all the time.
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You know, we have wind and solar,
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so we\'re ready to go,
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but that is not the case.
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The truth of it is that
it is a drop in the bucket
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in terms of doing anything
meaningful on climate.
00:02:23.697 --> 00:02:26.280
(gentle music)
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- [Announcer] Easy, clean, affordable,
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that\'s what powering America can be
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with your help.
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- [All] We love wind!
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- [Announcer] This is generation wind
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at Windpower 2016.
00:03:05.068 --> 00:03:07.818
(dramatic music)
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- We have a moral
imperative to make the shift
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from fossil fuel based dinosaur economy
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to 100% renewable economy.
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And we can do it.
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- You could power the United States,
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you could power most
of the world renewably,
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if you just decided to do it.
00:03:27.229 --> 00:03:30.103
- Already in much of the
country solar and wind
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will beat your utility bill.
00:03:35.104 --> 00:03:37.577
- The statement that caught
my attention from you was,
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there is enough wind to be harnessed,
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enough solar power to be generated
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to power the entire world.
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- The good news is that renewable energy
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is not only achievable,
but good economic policy.
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Now must be our moment for action.
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- We\'ve done 50 states, 50 plans.
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You go on our website,
every state has a plan
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to take us to 100% renewable energy.
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- Look at you. Looks at you!
(audience cheering)
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Mark Ruffalo.
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- The public and even
a lot of policymakers
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are just convinced that we\'re moments away
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from the tipping point
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where solar and wind
are gonna run the world,
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but, it\'s just-it\'s a fantasy.
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- One of the issues is the
variability of wind and solar.
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The sun doesn\'t always shine,
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the wind doesn\'t always blow.
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And it\'s not just on a daily basis,
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but the wind and the sun are often
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not really available over weeks.
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And batteries are only useful
for daily fluctuations.
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The second problem is that siting
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energy facilities of any kind
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is extremely challenging.
00:04:49.135 --> 00:04:51.427
We\'re talking about millions upon millions
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of wind turbines,
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it\'s large, concentrated
solar plants in deserts.
00:04:56.110 --> 00:04:59.636
Those things are not uncontroversial.
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Try and go site a wind
farm in northern Maine.
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There is going to be significant political
00:05:05.303 --> 00:05:09.470
and social issues with that
level of renewables build-out.
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- The fact of the matter is
00:05:12.855 --> 00:05:16.803
nobody likes any of the
energy alternatives.
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If it\'s wind it\'s unsightly
and it kills migratory birds,
00:05:20.333 --> 00:05:23.292
and if it\'s solar it covers huge areas
00:05:23.293 --> 00:05:27.394
in dryland ecosystems
which can be threatening,
00:05:27.395 --> 00:05:30.935
and in any event, you have high
voltage direct current lines
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that have to cross from
the renewable source
00:05:34.142 --> 00:05:36.142
to the population areas.
00:05:37.240 --> 00:05:39.316
- And for every additional megawatt
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of wind or solar you add,
00:05:41.668 --> 00:05:44.008
that\'s gonna require backup generation,
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it\'s gonna require
additional transmission,
00:05:46.317 --> 00:05:50.695
or you just have to way
overbuild the system.
00:05:50.696 --> 00:05:51.982
We\'re talking about trillions
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and trillions and trillions of dollars.
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We\'ve been at renewables for 20 years
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and we\'re at 5% and that\'s great,
00:06:00.325 --> 00:06:03.707
but we really need to
be at 100% zero-carbon,
00:06:03.708 --> 00:06:05.522
by the middle of the century.
00:06:05.523 --> 00:06:08.636
- It makes sense to scale up renewables
00:06:08.637 --> 00:06:11.813
up to some point, like, 20% or so.
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After that you need
something called baseload.
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You know, sort of a source of power
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that goes day and night, 24/7.
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And what could possibly supply that?
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Well, it\'s gonna be fossil fuels
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or it\'s gonna be nuclear.
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- In the last five to 10 years
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a new crop of entrepreneurs
have really come on to the scene
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and they\'ve been developing
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advanced nuclear technologies
to answer the questions
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that we have about climate change
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and to really try to provide
a lot of low-carbon energy.
00:06:51.220 --> 00:06:53.175
- You have a set of these small start-ups
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run by, you know, these really
young, idealistic people
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who are just finished
their graduate studies
00:07:00.450 --> 00:07:02.059
and who have come up with these, kind of,
00:07:02.060 --> 00:07:04.027
really innovative designs.
00:07:04.028 --> 00:07:07.195
You know, call it sort-of nuclear 2.0.
00:07:08.130 --> 00:07:10.094
- And the kids that have been coming in
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to nuclear engineering
over the last decade
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have been exceptionally talented.
00:07:16.818 --> 00:07:18.810
They\'re not coming into this field because
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they think they can get rich,
00:07:20.757 --> 00:07:22.676
they\'re coming into it because they think
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that this is an area where
they can actually do something
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that\'s important for humanity.
00:07:31.101 --> 00:07:33.606
- Ever since the early
days the nuclear industry
00:07:33.607 --> 00:07:36.594
has had both a lot of momentum,
00:07:36.595 --> 00:07:39.375
but also a lot of inertia.
00:07:39.376 --> 00:07:43.376
- It\'s an industry that
requires gigantic corporations
00:07:43.377 --> 00:07:47.544
and lots of coordination
between very slow-moving bodies.
00:07:51.057 --> 00:07:52.958
And it takes a very long time
00:07:52.959 --> 00:07:55.126
to turn a very large ship.
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And as a start-up, instead
of having all this inertia,
00:08:02.126 --> 00:08:04.647
we\'re trying to do
something that allows us
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to be much more nimble.
00:08:09.757 --> 00:08:13.625
I want to build an advanced
reactor in the next decade
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so that we can build them
all across the planet.
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- It\'s even bigger than the
1984 one that I have at home.
00:08:22.583 --> 00:08:25.537
- I think people of our
generation are the first ones
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that have the opportunity
to look at nuclear power
00:08:29.438 --> 00:08:32.611
without all of the emotional baggage
00:08:32.612 --> 00:08:35.612
that previous generations have felt.
00:08:36.677 --> 00:08:38.980
- [Leslie] The very
first geopolitical event
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that I can remember was
00:08:40.542 --> 00:08:43.386
the fall of the Berlin wall
when I as four years old.
00:08:43.387 --> 00:08:45.192
So for me there was never that
00:08:45.193 --> 00:08:47.860
looming Cold War nuclear threat.
00:08:50.018 --> 00:08:52.581
- The strongest association
I have in my childhood
00:08:52.582 --> 00:08:56.749
with nuclear power was probably
Mr. Burns from the Simpsons.
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- I first noticed Mark in one of our
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first-year nuclear engineering classes
00:09:03.707 --> 00:09:06.616
and our professor cracked
a really sexist joke,
00:09:06.617 --> 00:09:08.252
like, it was just not appropriate.
00:09:08.253 --> 00:09:10.728
I was the only woman in the
class, I kinda looked around
00:09:10.729 --> 00:09:12.218
and I look over and I see Mark
00:09:12.219 --> 00:09:14.313
and he is the only person
in the room other than me
00:09:14.314 --> 00:09:15.813
who is not laughing
00:09:15.814 --> 00:09:17.172
and I\'m like, I like that guys.
00:09:17.173 --> 00:09:18.523
It was probably another six months or so
00:09:18.524 --> 00:09:20.062
before we talked with each other,
00:09:20.063 --> 00:09:23.813
but, yeah, I knew you
were good from then on.
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Mark and I started
Transatomic when we were
00:09:28.140 --> 00:09:32.506
midway through our PhDs in
nuclear engineering at MIT
00:09:32.507 --> 00:09:35.621
\'cause we wanted to
develop a nuclear reactor
00:09:35.622 --> 00:09:39.201
that addressed safety
issues and waste issues.
00:09:39.202 --> 00:09:41.666
- It started out as academic pursuit,
00:09:41.667 --> 00:09:43.983
but once we started working on this,
00:09:43.984 --> 00:09:48.151
it seemed like we might
actually be on to something.
00:09:49.776 --> 00:09:52.912
- [Leslie] So some of the
very first nuclear reactors
00:09:52.913 --> 00:09:55.077
were designed for submarines.
00:09:55.078 --> 00:09:58.161
Those reactors used water as coolant.
00:10:00.677 --> 00:10:02.554
- [Mark] The reason water is still used
00:10:02.555 --> 00:10:05.107
in most reactors that we have today
00:10:05.108 --> 00:10:08.775
it\'s because it\'s just
so readily available.
00:10:10.009 --> 00:10:12.342
- [Leslie] Conventional
nuclear reactors are cooled
00:10:12.343 --> 00:10:13.509
by water that\'s heated up
00:10:13.510 --> 00:10:16.033
far past it\'s normal boiling point.
00:10:16.034 --> 00:10:20.141
So it has to be held at high
pressure to keep it liquid.
00:10:20.142 --> 00:10:21.748
If there\'s a break in the system,
00:10:21.749 --> 00:10:23.429
the water can flash into steam
00:10:23.430 --> 00:10:25.667
and cause a loss of coolant accident
00:10:25.668 --> 00:10:29.340
which could lead to a reactor meltdown.
00:10:29.341 --> 00:10:30.932
- [Mark] There\'s a simpler approach
00:10:30.933 --> 00:10:35.154
that gives you safety just through physics
00:10:35.155 --> 00:10:38.155
and there\'s no way to break physics.
00:10:39.575 --> 00:10:41.207
- [Leslie] Our design is actually adapted
00:10:41.208 --> 00:10:43.757
from an early type of nuclear reactor
00:10:43.758 --> 00:10:46.584
called a molten salt reactor.
00:10:46.585 --> 00:10:49.861
So our type of salt has
the radioactive material,
00:10:49.862 --> 00:10:53.362
the uranium, dissolved in the salt itself.
00:10:54.358 --> 00:10:56.828
One of the great things
about molten salt reactors
00:10:56.829 --> 00:10:59.035
is that they operate at the same pressure
00:10:59.036 --> 00:11:01.331
as the surrounding atmosphere.
00:11:01.332 --> 00:11:02.918
And if there\'s an accident,
00:11:02.919 --> 00:11:04.997
the liquid fuel drains into a holding tank
00:11:04.998 --> 00:11:07.099
below the reactor where
it can cool itself down
00:11:07.100 --> 00:11:10.935
and freeze solid over the
course of a few hours.
00:11:10.936 --> 00:11:12.561
So in a molten salt reactor,
00:11:12.562 --> 00:11:15.399
the fuel starts out
liquid and ends up solid.
00:11:15.400 --> 00:11:18.567
Which means you\'ve avoided a meltdown.
00:11:19.636 --> 00:11:20.814
- A lot of times we\'ll say that
00:11:20.815 --> 00:11:23.087
MS reactors are meltdown-proof,
00:11:23.088 --> 00:11:26.289
or they can\'t have catastrophic accidents,
00:11:26.290 --> 00:11:27.911
or they\'re walk-away safe.
00:11:27.912 --> 00:11:29.830
And what that really means is that
00:11:29.831 --> 00:11:31.423
if something goes wrong at the plant,
00:11:31.424 --> 00:11:33.169
if there\'s a tsunami or an earthquake
00:11:33.170 --> 00:11:35.178
or an airplane hits it,
00:11:35.179 --> 00:11:37.632
the plant shuts down on its own
00:11:37.633 --> 00:11:41.800
and is able to cool without the
need for human intervention.
00:11:43.191 --> 00:11:45.734
- Advanced nuclear reactors are
00:11:45.735 --> 00:11:48.616
non-light water reactor technologies.
00:11:48.617 --> 00:11:52.261
And we call them generation four reactors.
00:11:52.262 --> 00:11:55.306
Transatomic\'s design is
a molten salt reactor
00:11:55.307 --> 00:11:56.455
that actually shuts itself down,
00:11:56.456 --> 00:11:57.538
we call it passive safety
00:11:57.539 --> 00:12:01.251
meaning the design itself
is inherently safe.
00:12:01.252 --> 00:12:03.007
- So we were able to take the earlier
00:12:03.008 --> 00:12:04.665
molten salt reactor design
00:12:04.666 --> 00:12:07.943
and we were able to make
it 20 times as power dense,
00:12:07.944 --> 00:12:12.399
much more compact, orders
of magnitude cheaper.
00:12:12.400 --> 00:12:15.602
And so we are commercializing our design
00:12:15.603 --> 00:12:17.814
for a new type of nuclear reactor
00:12:17.815 --> 00:12:21.982
that can consume existing
stockpiles of nuclear waste.
00:12:27.394 --> 00:12:29.602
- [Mark] When we say
it\'s waste or spent fuel
00:12:29.603 --> 00:12:32.603
it still has 95% uranium in it.
00:12:33.613 --> 00:12:36.548
The reason it\'s spent is
it\'s no longer able to get
00:12:36.549 --> 00:12:38.930
the necessary energy that they want
00:12:38.931 --> 00:12:40.931
out of the reactor core.
00:12:45.706 --> 00:12:49.122
- It\'s like taking a log and
putting it in the fireplace
00:12:49.123 --> 00:12:51.623
and burning the bark off of it
00:12:52.732 --> 00:12:55.401
and then throwing away the log.
00:12:55.402 --> 00:12:57.891
And, unfortunately that log
that you\'re throwing away
00:12:57.892 --> 00:12:59.975
is also very radioactive.
00:13:03.208 --> 00:13:05.778
- Waste is a concern for a lot of people.
00:13:05.779 --> 00:13:07.468
For a lot of people it\'s their
00:13:07.469 --> 00:13:09.208
first concern about nuclear power.
00:13:09.209 --> 00:13:11.158
But what\'s really amazing about it
00:13:11.159 --> 00:13:14.776
is that most of what we call nuclear waste
00:13:14.777 --> 00:13:18.213
could actually be used again for fuel.
00:13:18.214 --> 00:13:20.560
And if you use it again for fuel
00:13:20.561 --> 00:13:25.094
you don\'t have to store it for
tens of thousands of years.
00:13:25.095 --> 00:13:26.724
With these advanced reactors
00:13:26.725 --> 00:13:28.092
you can close the fuel cycle,
00:13:28.093 --> 00:13:30.735
you can start using that
spent fuel, recycling it,
00:13:30.736 --> 00:13:34.319
turning it to new fuel
over and over again.
00:13:40.161 --> 00:13:42.326
- Awesome, let\'s do that.
00:13:42.327 --> 00:13:43.923
We started thinking about how we could
00:13:43.924 --> 00:13:46.749
start our own company that
could be small and nimble
00:13:46.750 --> 00:13:50.917
and bring this to fruition
as quickly as possible.
00:13:52.577 --> 00:13:54.066
- The ending goal of Transatomic
00:13:54.067 --> 00:13:56.005
is to build a nuclear reactor
00:13:56.006 --> 00:13:57.533
and, as we know, nuclear reactors cost
00:13:57.534 --> 00:14:01.773
on the order of a couple billion dollars.
00:14:01.774 --> 00:14:02.925
There\'s no one out there
00:14:02.926 --> 00:14:05.219
that\'s instantly going to
say oh, I love that idea,
00:14:05.220 --> 00:14:06.909
here\'s five billion dollars, go build it.
00:14:06.910 --> 00:14:09.480
It\'s gotta happen in stages.
00:14:09.481 --> 00:14:13.116
To put this simply, a nuclear
reactor is not an Apple.
00:14:13.117 --> 00:14:15.223
This is not the kind of
idea that can be fueled
00:14:15.224 --> 00:14:17.228
on pizza and lines of code
00:14:17.229 --> 00:14:20.125
and, poof, you make $100,000.
00:14:20.126 --> 00:14:22.934
The risk is proportional to the reward
00:14:22.935 --> 00:14:25.935
and this is about as big as it gets.
00:14:27.174 --> 00:14:30.333
- [Leslie] Automatic van doors
are really confusing to me.
00:14:30.334 --> 00:14:32.607
- It is really confusing.
00:14:32.608 --> 00:14:34.402
Um, did you also lock it?
00:14:34.403 --> 00:14:35.236
- Oh, yeah.
00:14:35.236 --> 00:14:36.069
- Thank you.
00:14:36.070 --> 00:14:38.361
- After we shut this,
or can we do it before?
00:14:38.362 --> 00:14:39.470
- We\'ll just shut this.
00:14:39.471 --> 00:14:42.632
- I really don\'t know how cars work.
00:14:42.633 --> 00:14:44.883
- Personally I didn\'t want to end up
00:14:44.884 --> 00:14:48.047
like so many nuclear engineers
00:14:48.048 --> 00:14:50.541
where they\'ve spent their entire careers
00:14:50.542 --> 00:14:53.750
designing nuclear reactors,
but we haven\'t built
00:14:53.751 --> 00:14:56.751
a new, advanced reactor in 30 years.
00:14:59.213 --> 00:15:01.991
That\'s why I\'m doing this.
00:15:01.992 --> 00:15:04.895
This is the right time
for something to happen
00:15:04.896 --> 00:15:06.876
with nuclear power.
00:15:06.877 --> 00:15:10.763
- So in spring of 2011 we
incorporated the company,
00:15:10.764 --> 00:15:14.226
actually 25 years to the day
after the Chernobyl meltdown,
00:15:14.227 --> 00:15:16.407
though we didn\'t realize it at the time.
00:15:16.408 --> 00:15:18.368
(dramatic music)
00:15:18.369 --> 00:15:20.312
- There has been a nuclear
accident in the Soviet Union
00:15:20.313 --> 00:15:22.650
and the Soviets have
admitted that it happened.
00:15:22.651 --> 00:15:24.131
- The accident occurred
00:15:24.132 --> 00:15:26.843
at the Chernobyl nuclear
plant in the Ukraine.
00:15:26.844 --> 00:15:29.344
There may be a major disaster.
00:15:30.202 --> 00:15:33.082
- [Newscaster] This morning
there are real fears
00:15:33.083 --> 00:15:34.386
of a meltdown in Japan.
00:15:34.387 --> 00:15:35.736
There has been a giant explosion
00:15:35.737 --> 00:15:38.320
at a nuclear power plant there.
00:15:39.253 --> 00:15:40.463
- [Mike] We had a meeting that day,
00:15:40.464 --> 00:15:42.396
we were watching some of
the explosions on the screen
00:15:42.397 --> 00:15:45.757
and we were all just terrified.
00:15:45.758 --> 00:15:47.022
And I just remember looking at it,
00:15:47.023 --> 00:15:49.242
kind of in shock.
00:15:49.243 --> 00:15:53.244
I was worried, you know,
for the people out there.
00:15:53.245 --> 00:15:54.746
- It was, like, the nightmare scenario.
00:15:54.747 --> 00:15:58.133
These non-Soviet bloc
reactors were sort of
00:15:58.134 --> 00:16:00.293
blowing up on the screen
00:16:00.294 --> 00:16:01.565
and here we are trying to tell everyone
00:16:01.566 --> 00:16:03.316
that nuclear is safe.
00:16:06.048 --> 00:16:07.692
- The perception of the risks
00:16:07.693 --> 00:16:09.805
and the history of a couple of meltdowns
00:16:09.806 --> 00:16:13.919
have really scared the
public off of nuclear plants.
00:16:13.920 --> 00:16:15.785
For a bunch of reasons
they\'ve been unacceptable
00:16:15.786 --> 00:16:17.843
to publics around the world.
00:16:17.844 --> 00:16:20.594
(crowd shouting)
00:16:28.942 --> 00:16:30.079
During that time you get
these nuclear plants,
00:16:30.080 --> 00:16:32.432
everyone\'s freaked out.
00:16:32.433 --> 00:16:35.707
And they became these sort
of projection screens for,
00:16:35.708 --> 00:16:38.968
sort of, everybody\'s
fears about nuclear energy
00:16:38.969 --> 00:16:41.453
and energy production more generally.
00:16:41.454 --> 00:16:44.037
- (crying) No!
00:16:46.295 --> 00:16:48.903
- They obviously have a problem,
00:16:48.904 --> 00:16:52.962
they might have come close
to exposing the core.
00:16:52.963 --> 00:16:54.729
- If that\'s true then we came very close
00:16:54.730 --> 00:16:56.780
to the China syndrome,
00:16:56.781 --> 00:16:59.387
if there core is exposed,
for whatever reason,
00:16:59.388 --> 00:17:01.683
the fuel heats beyond core heat tolerance
00:17:01.684 --> 00:17:03.289
in a matter of minutes.
00:17:03.290 --> 00:17:04.864
Nothing can stop it.
00:17:04.865 --> 00:17:06.437
Render an area the size of Pennsylvania
00:17:06.438 --> 00:17:08.605
permanently uninhabitable.
00:17:13.025 --> 00:17:15.098
- Frank, it was an accident
at the Three Mile Island
00:17:15.099 --> 00:17:17.550
nuclear power plant, which
is located on an island
00:17:17.551 --> 00:17:19.832
in the Susquehanna River ten miles from...
00:17:19.833 --> 00:17:24.421
- I grew up and experienced
Three Mile Island scare
00:17:24.422 --> 00:17:26.236
\'cause I was living downwind
00:17:26.237 --> 00:17:29.026
from Three Mile Island at that time
00:17:29.027 --> 00:17:33.194
and it\'s natural to say,
look, I\'m afraid of this.
00:17:34.096 --> 00:17:36.681
That\'s a normal response.
00:17:36.682 --> 00:17:39.647
But if you think about
it, the fact of it is
00:17:39.648 --> 00:17:44.168
in the United States there\'s
tens of thousands of people
00:17:44.169 --> 00:17:48.252
being killed every year
in automobile accidents.
00:17:49.413 --> 00:17:53.580
And yet what we hear on the
news is about airplane crashes.
00:17:55.168 --> 00:17:56.448
But air travel is one of the safest
00:17:56.449 --> 00:17:59.116
forms of travel that we know of.
00:18:00.918 --> 00:18:02.594
I think the situation with nuclear power
00:18:02.595 --> 00:18:05.127
is a little bit like this,
00:18:05.128 --> 00:18:09.144
that when there\'s a
Fukushima or a Chernobyl
00:18:09.145 --> 00:18:12.812
it gets in the news
because it\'s so unusual.
00:18:14.964 --> 00:18:17.500
- It\'s all very well to
worry about nuclear safety,
00:18:17.501 --> 00:18:19.501
as we all should,
00:18:19.502 --> 00:18:21.304
but we also have to weight that
00:18:21.305 --> 00:18:25.135
against the safety of other
forms of power production.
00:18:25.136 --> 00:18:26.596
So people think of Chernobyl,
00:18:26.597 --> 00:18:29.339
they think of Fukushima and so forth,
00:18:29.340 --> 00:18:31.834
what they don\'t think of is the
00:18:31.835 --> 00:18:36.760
one to two million lives
that nuclear power has saved
00:18:36.761 --> 00:18:40.594
by virtue of displacing
coal, which is lethal.
00:18:43.525 --> 00:18:46.205
Coal is by far the most
dangerous form of energy
00:18:46.206 --> 00:18:48.433
we\'ve ever engaged in.
00:18:48.434 --> 00:18:50.596
Everybody knows this.
00:18:50.597 --> 00:18:52.750
The American Medical Association estimates
00:18:52.751 --> 00:18:56.751
that 13,000 Americans die
prematurely every year
00:18:58.155 --> 00:19:01.738
because of health-related
problems of coal.
00:19:03.966 --> 00:19:05.893
- [Ken] More people die every day
00:19:05.894 --> 00:19:09.090
from particulates from
the combustion of coal
00:19:09.091 --> 00:19:13.258
than have died in the entire
history of nuclear power.
00:19:15.060 --> 00:19:17.198
- So scientists look at it that way.
00:19:17.199 --> 00:19:21.006
I mean, you can\'t compare
nuclear to no energy.
00:19:21.007 --> 00:19:22.333
That\'s not rational.
00:19:22.334 --> 00:19:25.853
You have to compare it
to other forms of energy.
00:19:25.854 --> 00:19:28.893
Why should we treat nuclear any different?
00:19:28.894 --> 00:19:32.311
It\'s this irrational fear of the unknown.
00:19:41.858 --> 00:19:44.215
- Did you see him yet?
00:19:44.216 --> 00:19:47.064
He\'s right through there.
00:19:47.065 --> 00:19:48.429
Well, he was back there.
00:19:48.430 --> 00:19:52.323
- I think he\'s shy,
they\'re very camera shy.
00:19:52.324 --> 00:19:53.998
So we went to Hawaii on our honeymoon
00:19:53.999 --> 00:19:55.198
and we had such a good time there
00:19:55.199 --> 00:19:56.597
and I wanted to capture a piece of that
00:19:56.598 --> 00:19:58.967
for our anniversary
00:19:58.968 --> 00:20:02.979
and I discovered these tiny
little poison dart frogs.
00:20:02.980 --> 00:20:04.542
- I was a nerdy kid.
00:20:04.543 --> 00:20:06.485
I loved reading and I liked,
00:20:06.486 --> 00:20:09.051
I realized early on I like math and stuff
00:20:09.052 --> 00:20:11.505
\'cause I felt like it was so logical.
00:20:11.506 --> 00:20:15.118
I remember I was always the
oddball out, no matter what.
00:20:15.119 --> 00:20:18.363
When I was younger and I wasn\'t
as sure what I wanted to do.
00:20:18.364 --> 00:20:19.764
And I once I get to college
00:20:19.765 --> 00:20:22.975
I got roped into doing
work on our race car team.
00:20:22.976 --> 00:20:26.211
So I fell in love with it
and working on that team,
00:20:26.212 --> 00:20:28.169
you kind of learn what
mechanical engineering is
00:20:28.170 --> 00:20:29.956
before you actually take the classes.
00:20:29.957 --> 00:20:32.092
And then I realized I was
really interested in nuclear
00:20:32.093 --> 00:20:35.771
and I was exposed to a
couple people who did it
00:20:35.772 --> 00:20:38.189
and 2008 I met Jacob DeWitte.
00:20:40.506 --> 00:20:42.804
- I first got really interested in nuclear
00:20:42.805 --> 00:20:45.162
when I was, like, four, five.
00:20:45.163 --> 00:20:47.145
I was born and raised in Albuquerque
00:20:47.146 --> 00:20:49.593
and my dad worked at Sandia
National Laboratories.
00:20:49.594 --> 00:20:52.346
They say that about a quarter
of Albuquerque\'s energy
00:20:52.347 --> 00:20:55.090
came from a nuclear power
plant in Arizona, Palo Verde.
00:20:55.091 --> 00:20:56.713
And I was, like, that\'s so cool!
00:20:56.714 --> 00:20:58.511
So that means when I go
home and turn the lights on,
00:20:58.512 --> 00:20:59.487
that\'s nuclear power.
00:20:59.488 --> 00:21:01.125
I literally went home that day
00:21:01.126 --> 00:21:03.002
and turned the lights on
and off and on and off
00:21:03.003 --> 00:21:05.113
thinking every fourth time I did that
00:21:05.114 --> 00:21:09.820
there was a nuclear power,
you know, light bulb.
00:21:09.821 --> 00:21:11.140
So I\'d always known I wanted to
00:21:11.141 --> 00:21:12.686
do something in nuclear power,
00:21:12.687 --> 00:21:15.989
I\'d always known that
I wanted to study it.
00:21:15.990 --> 00:21:19.141
I met Caroline when I
first visited grad school
00:21:19.142 --> 00:21:22.093
and we ended up working
in this course together
00:21:22.094 --> 00:21:23.927
in the summer of 2009.
00:21:25.288 --> 00:21:26.611
- [Caroline] And it was around that time
00:21:26.612 --> 00:21:28.698
there was a resurgence
of looking at nuclear
00:21:28.699 --> 00:21:31.103
and seeing what it can do.
00:21:31.104 --> 00:21:33.058
Then we started looking
at what would it look like
00:21:33.059 --> 00:21:36.495
if we started looking at
this entrepreneurially?
00:21:36.496 --> 00:21:38.844
- And the idea was to build
this reactor that could
00:21:38.845 --> 00:21:41.298
actually consume and convert
nuclear waste energy.
00:21:41.299 --> 00:21:42.766
Was simpler, was cheaper,
00:21:42.767 --> 00:21:45.052
had all the great benefits that you see
00:21:45.053 --> 00:21:46.537
with advanced technologies.
00:21:46.538 --> 00:21:48.966
But the thing that really stood
out to me during that time
00:21:48.967 --> 00:21:51.715
was the question about how
do you get one of these
00:21:51.716 --> 00:21:54.018
advanced reactors to market?
00:21:54.019 --> 00:21:56.647
\'Cause it\'s really hard to get a customer
00:21:56.648 --> 00:22:00.231
for something brand
new in the power space.
00:22:03.129 --> 00:22:05.011
- [Caroline] The United States
has a surprising number of
00:22:05.012 --> 00:22:08.892
microgrids, or every expensive grids.
00:22:08.893 --> 00:22:10.875
People who live in remote areas
00:22:10.876 --> 00:22:14.209
and they can\'t get reliable electricity.
00:22:15.053 --> 00:22:16.822
That could be data centers,
00:22:16.823 --> 00:22:19.823
it could be remote extraction sites.
00:22:21.198 --> 00:22:23.049
- That eventually
evolved into us realizing
00:22:23.050 --> 00:22:24.773
that there\'s this huge,
awesome opportunity
00:22:24.774 --> 00:22:27.170
in off-grid markets where they need power
00:22:27.171 --> 00:22:29.126
and they\'re relying on diesel generators
00:22:29.127 --> 00:22:30.350
because the only way that you can get
00:22:30.351 --> 00:22:31.700
energy to these places.
00:22:31.701 --> 00:22:32.890
You can\'t run power lines
00:22:32.891 --> 00:22:37.058
so the only way you can is
by trucking in diesel fuel.
00:22:38.392 --> 00:22:40.434
And we were talking with
some of these communities
00:22:40.435 --> 00:22:42.486
and we realized they use diesel fuel
00:22:42.487 --> 00:22:45.520
because it\'s the most energy
dense fuel that they know of.
00:22:45.521 --> 00:22:46.772
And I was like, man,
00:22:46.773 --> 00:22:49.331
nuclear\'s two million
times as energy dense.
00:22:49.332 --> 00:22:51.026
And they were just,
kinda said that casually,
00:22:51.027 --> 00:22:52.641
and they were like, wait, are you serious?
00:22:52.642 --> 00:22:54.438
Can you build a reactor
that would be at that size?
00:22:54.439 --> 00:22:55.856
And I said, sure.
00:22:57.001 --> 00:22:58.085
So that got us thinking,
00:22:58.086 --> 00:22:59.463
man, we should go small to start.
00:22:59.464 --> 00:23:03.216
And that\'s kind of where the
idea of starting a company
00:23:03.217 --> 00:23:06.300
formed into what it looks like today.
00:23:09.105 --> 00:23:12.611
- One interesting development
in the last maybe decade or so
00:23:12.612 --> 00:23:14.734
is that we\'re able to do nuclear design
00:23:14.735 --> 00:23:17.125
just with computers in a meaningful way.
00:23:17.126 --> 00:23:19.296
It used to be that you\'d
have to run an experiment,
00:23:19.297 --> 00:23:21.197
you\'d have to build a
really expensive experiment
00:23:21.198 --> 00:23:22.463
and have fuel for it
00:23:22.464 --> 00:23:25.593
and do empirical studies to
understand what\'s going on.
00:23:25.594 --> 00:23:28.300
But sort of recently, computers
have gotten powerful enough
00:23:28.301 --> 00:23:31.804
and the modeling and simulations
have gotten big enough
00:23:31.805 --> 00:23:33.658
that we can actually do
quite a bit of meaningful,
00:23:33.659 --> 00:23:37.918
realistic nuclear design
just on a computer.
00:23:37.919 --> 00:23:40.910
- Jake and Caroline are
developing a technology
00:23:40.911 --> 00:23:42.246
for a very different market
00:23:42.247 --> 00:23:43.901
from a lot of the other start-ups.
00:23:43.902 --> 00:23:46.021
It\'s a micro-reactor, really.
00:23:46.022 --> 00:23:47.286
They\'re not trying to compete with
00:23:47.287 --> 00:23:50.036
the existent reactors that we have today.
00:23:50.037 --> 00:23:52.958
And because their reactor is so small
00:23:52.959 --> 00:23:55.586
there\'s a potential that
they could prototype it
00:23:55.587 --> 00:23:57.566
and demonstrate it for a much lower cost
00:23:57.567 --> 00:23:59.349
than some of the large reactors.
00:23:59.350 --> 00:24:01.545
That means that they could
get to commercialization
00:24:01.546 --> 00:24:05.413
at lower cost, but also much quicker.
00:24:05.414 --> 00:24:08.471
- Oklo\'s reactor, it\'s
a very small reactor.
00:24:08.472 --> 00:24:10.240
And it\'s actually more
of a nuclear battery
00:24:10.241 --> 00:24:12.061
than it is a nuclear reactor.
00:24:12.062 --> 00:24:14.956
And it will go after very
unique, but important,
00:24:14.957 --> 00:24:18.896
applications where you need
small amounts of energy.
00:24:18.897 --> 00:24:22.254
It\'s got a simple, but
very elegant, design
00:24:22.255 --> 00:24:25.299
as an approach to how you transfer heat.
00:24:25.300 --> 00:24:28.790
And that also lends
itself to passive safety.
00:24:28.791 --> 00:24:30.760
- [Jacob] Our first
reactor\'s design is basically
00:24:30.761 --> 00:24:33.091
a solid block of fuel
00:24:33.092 --> 00:24:35.006
that then has a tiny bit of fluid
00:24:35.007 --> 00:24:36.851
that caries heat out from the fuel
00:24:36.852 --> 00:24:38.740
up to where we use it.
00:24:38.741 --> 00:24:40.399
And you don\'t have any pumps,
you don\'t have any valves,
00:24:40.400 --> 00:24:42.531
you don\'t have any moving
parts in that reactor block.
00:24:42.532 --> 00:24:44.975
And the heat is moved
completely naturally,
00:24:44.976 --> 00:24:46.233
completely passively.
00:24:46.234 --> 00:24:48.760
There\'s no intervention
that can change it.
00:24:48.761 --> 00:24:50.031
- The neat thing about this is
00:24:50.032 --> 00:24:52.410
that it can be manufactured at scale.
00:24:52.411 --> 00:24:54.430
And I think that\'s what
all small, modular reactors
00:24:54.431 --> 00:24:56.030
are hoping for, is something that,
00:24:56.031 --> 00:24:59.098
you\'re not just building some humongous,
00:24:59.099 --> 00:25:03.340
one-off thing that is only
like that in one place.
00:25:03.341 --> 00:25:06.106
You can benefit from
the economies of scale
00:25:06.107 --> 00:25:08.440
by mass producing something.
00:25:11.957 --> 00:25:13.678
- The advanced nuclear plants
00:25:13.679 --> 00:25:15.646
that are being developed right now
00:25:15.647 --> 00:25:19.207
are very different from your
grandfather\'s nuclear plant.
00:25:19.208 --> 00:25:20.940
We\'re talking about plants that are
00:25:20.941 --> 00:25:22.750
probably a third of the size,
00:25:22.751 --> 00:25:24.950
about a third of the material.
00:25:24.951 --> 00:25:26.887
You can roll them off the
assembly line like Boeings
00:25:26.888 --> 00:25:30.635
at a cost of about a half to a third
00:25:30.636 --> 00:25:32.803
of today\'s nuclear plants.
00:25:34.483 --> 00:25:37.416
- Today a ship or a reactor
00:25:37.417 --> 00:25:40.529
can look a lot like Ikea furniture.
00:25:40.530 --> 00:25:42.501
It\'s factory fabricated,
00:25:42.502 --> 00:25:46.669
you just assemble it once
you deliver it to the site.
00:25:47.714 --> 00:25:52.646
- If we could start
mass-producing nuclear reactors,
00:25:52.647 --> 00:25:55.730
that\'ll just scale it up much faster.
00:25:57.485 --> 00:26:00.007
And that\'s how you get a big transition
00:26:00.008 --> 00:26:02.091
to clean energy globally.
00:26:11.902 --> 00:26:15.632
(group applauding)
00:26:15.633 --> 00:26:17.643
- There\'s a topic near to my heart,
00:26:17.644 --> 00:26:20.490
I\'ve kind of been in the industry a while,
00:26:20.491 --> 00:26:22.459
this is kind of my personal outreach,
00:26:22.460 --> 00:26:23.721
and it\'s just to answer,
00:26:23.722 --> 00:26:25.388
you know, we were talking to
a lot of people about nuclear,
00:26:25.389 --> 00:26:26.565
we\'re pretty excited about it
00:26:26.566 --> 00:26:28.098
and people always said
kind of the same thing,
00:26:28.099 --> 00:26:30.314
they said, you know my first thought is
00:26:30.315 --> 00:26:31.555
I\'m not in favor of it,
00:26:31.556 --> 00:26:33.836
but I don\'t really know anything about it.
00:26:33.837 --> 00:26:35.298
That\'s a pretty common sentiment...
00:26:35.299 --> 00:26:38.638
I really enjoy talking
to people about nuclear.
00:26:38.639 --> 00:26:40.496
Having gone into nuclear
00:26:40.497 --> 00:26:42.957
to help with the world\'s energy problems,
00:26:42.958 --> 00:26:44.783
I think winning the public over,
00:26:44.784 --> 00:26:47.645
or convincing them that
it can be a good idea
00:26:47.646 --> 00:26:49.646
is absolutely essential.
00:26:51.025 --> 00:26:53.687
I have this webpage, whatisnuclear.com,
00:26:53.688 --> 00:26:55.397
and I\'ve enjoyed making that.
00:26:55.398 --> 00:26:57.287
It\'s meant to sort of communicate with
00:26:57.288 --> 00:27:00.339
intelligent people on the street.
00:27:00.340 --> 00:27:03.373
I feel like people understand
what\'s going on with nuclear,
00:27:03.374 --> 00:27:05.499
they\'re much more open to it.
00:27:05.500 --> 00:27:07.312
It\'s when it\'s mysterious
that they don\'t really,
00:27:07.313 --> 00:27:09.063
people don\'t like it.
00:27:12.537 --> 00:27:13.958
A fission chain reaction starts
00:27:13.959 --> 00:27:16.958
when a neutron encounters a uranium atom,
00:27:16.959 --> 00:27:20.372
or some other nuclear fuel atom.
00:27:20.373 --> 00:27:22.862
When the neutron hits it
it just splits in half
00:27:22.863 --> 00:27:24.922
and that splitting releases
00:27:24.923 --> 00:27:28.736
just an astounding amount of energy.
00:27:28.737 --> 00:27:30.993
It also releases a couple extra neutrons.
00:27:30.994 --> 00:27:34.414
So if one of those neutrons
encounters another fuel atom,
00:27:34.415 --> 00:27:36.248
that atom will split.
00:27:36.249 --> 00:27:40.486
And then they\'ll continue on
in this big chain reaction.
00:27:40.487 --> 00:27:42.842
So a nuclear reactor is just a machine
00:27:42.843 --> 00:27:46.343
that facilitates a nuclear chain reaction.
00:27:48.375 --> 00:27:52.046
- Very few people understand
what a nuclear reaction is.
00:27:52.047 --> 00:27:55.634
And, of course, there is
a huge confusion between
00:27:55.635 --> 00:27:57.908
the kind of nuclear reactions that result
00:27:57.909 --> 00:27:59.879
in an explosion, an atomic bomb,
00:27:59.880 --> 00:28:01.749
and the sort of nuclear reactions
00:28:01.750 --> 00:28:04.450
controlled to drive a plant.
00:28:04.451 --> 00:28:06.874
Most people don\'t understand
that it\'s impossible
00:28:06.875 --> 00:28:09.913
for a nuclear power plant
literally to explode,
00:28:09.914 --> 00:28:13.078
in the sense of an atomic explosion.
00:28:13.079 --> 00:28:14.922
But one thing I will say is that
00:28:14.923 --> 00:28:19.042
the nuclear industry
are very bad marketers.
00:28:19.043 --> 00:28:22.641
We probably should have
dropped the world nuclear
00:28:22.642 --> 00:28:26.573
when we went from making
bombs to making power plants.
00:28:26.574 --> 00:28:27.768
That would have been smart.
00:28:27.769 --> 00:28:29.686
They\'re fission plants.
00:28:32.436 --> 00:28:35.925
- Nuclear was introduced to
the world through a weapon.
00:28:35.926 --> 00:28:38.265
But nowadays the thing
people are hearing about is
00:28:38.266 --> 00:28:40.784
environment or climate change
00:28:40.785 --> 00:28:44.295
and from that perspective
nuclear is much more interesting.
00:28:44.296 --> 00:28:47.142
And I think to get people\'s
support behind nuclear
00:28:47.143 --> 00:28:49.722
is really key to its success
00:28:49.723 --> 00:28:53.890
and its ability to help us
with the climate problem.
00:29:02.716 --> 00:29:05.577
- Nearly 170 nations arrived here
00:29:05.578 --> 00:29:09.156
for the largest ever
gathering of it\'s kind.
00:29:09.157 --> 00:29:11.747
- They\'ll take part in two
weeks of intense negotiations
00:29:11.748 --> 00:29:15.748
aimed at forging a deal
to limit global warming.
00:29:17.365 --> 00:29:19.228
- 1995 was the first
conference of the parties,
00:29:19.229 --> 00:29:22.062
the first COP, that was in Berlin.
00:29:25.235 --> 00:29:27.607
And I would say that the first 20 COPs
00:29:27.608 --> 00:29:30.025
have not delivered the goods.
00:29:31.692 --> 00:29:35.036
They have been a cop-out,
if I can put it that way.
00:29:35.037 --> 00:29:37.870
They have not delivered the goods.
00:29:40.604 --> 00:29:43.725
COP21 is our last chance in the world
00:29:43.726 --> 00:29:47.927
to stay at even the remotely safe margin,
00:29:47.928 --> 00:29:49.533
because we\'ve had so much advance
00:29:49.534 --> 00:29:51.587
of human-induced climate change.
00:29:51.588 --> 00:29:55.250
It takes so long to pick up
the pieces after a failure
00:29:55.251 --> 00:29:59.418
that if COP21 fails, we\'re
absolutely adrift in danger.
00:30:05.065 --> 00:30:06.872
- It\'s hard to get political leaders
00:30:06.873 --> 00:30:08.873
to face up to the truth.
00:30:09.871 --> 00:30:13.049
But now we\'ve got this narrow window.
00:30:13.050 --> 00:30:17.217
We have to begin to rapidly
move off of fossil fuels.
00:30:19.688 --> 00:30:22.021
If what they\'re proposing is
00:30:23.884 --> 00:30:25.717
what it appears to be,
00:30:27.576 --> 00:30:30.047
which is not much different
than Kyoto Protocol,
00:30:30.048 --> 00:30:33.242
allowing each country to
do whatever they want,
00:30:33.243 --> 00:30:35.326
cap and trade or nothing,
00:30:36.913 --> 00:30:39.413
then it\'s worthless, you know?
00:30:40.868 --> 00:30:45.035
We\'re wasting the one chance
that we have to really
00:30:46.074 --> 00:30:48.907
do something before it\'s too late.
00:30:51.535 --> 00:30:54.452
(percussive music)
00:30:58.938 --> 00:31:01.771
(crowd clamoring)
00:31:14.548 --> 00:31:16.131
- [Rauli] Two more.
00:31:21.312 --> 00:31:24.084
- [Cab Driver] What is this?
00:31:24.085 --> 00:31:25.502
- Books.
- Books.
00:31:29.253 --> 00:31:30.253
- Oh.
00:31:32.699 --> 00:31:34.899
- I just arrived here in Paris,
00:31:34.900 --> 00:31:37.917
I\'m here to give out 5000 copies
00:31:37.918 --> 00:31:42.085
of my and my co-author\'s
book, \"The Climate Gamble.\"
00:31:43.267 --> 00:31:46.844
I\'m staying here at the Place to B,
00:31:46.845 --> 00:31:50.875
there\'s like 500 activists staying there.
00:31:50.876 --> 00:31:54.626
Many of them seem to be
anti-this, anti-that.
00:31:55.549 --> 00:31:59.876
I\'m pretty sure that many of
them are also anti-nuclear,
00:31:59.877 --> 00:32:02.200
which our book is not.
00:32:02.201 --> 00:32:05.727
It\'s pro-nuclear,
pro-renewables, pro-efficiency,
00:32:05.728 --> 00:32:09.728
pro-evidence based solutions
for climate change.
00:32:13.753 --> 00:32:16.791
- These traditional
environmental movements are,
00:32:16.792 --> 00:32:20.294
at the very least, playing
this huge gamble right now.
00:32:20.295 --> 00:32:22.058
And that doesn\'t happen because
00:32:22.059 --> 00:32:23.940
they\'re bad people or stupid people
00:32:23.941 --> 00:32:25.222
because they are not,
00:32:25.223 --> 00:32:27.371
they are very decent, smart people,
00:32:27.372 --> 00:32:31.455
but the organizational DNA, so to speak,
00:32:31.456 --> 00:32:35.623
that they have inherited
is strongly anti-nuclear.
00:32:36.524 --> 00:32:38.221
The modern environmental movement is
00:32:38.222 --> 00:32:39.825
much of an outgrowth
00:32:39.826 --> 00:32:42.826
of this early anti-nuclear movement.
00:32:45.653 --> 00:32:48.029
- Nuclear is a hard sell.
00:32:48.030 --> 00:32:50.920
And ironically, some of the biggest foes
00:32:50.921 --> 00:32:53.279
are environmental organizations
00:32:53.280 --> 00:32:54.903
who have been using nuclear power
00:32:54.904 --> 00:32:57.521
as a whipping boy for
decades to raise funds
00:32:57.522 --> 00:32:59.268
and so it\'s very difficult for them.
00:32:59.269 --> 00:33:01.942
They\'ve kind of painted themselves into
00:33:01.943 --> 00:33:03.862
an anti-nuclear corner because
00:33:03.863 --> 00:33:05.293
they\'ve convinced so many people
00:33:05.294 --> 00:33:08.828
that it\'s a scary thing
and that we don\'t need it.
00:33:08.829 --> 00:33:09.829
- Enjoy.
00:33:10.704 --> 00:33:14.301
Oh, hey, can I interest you in free book?
00:33:14.302 --> 00:33:18.215
Excuse me, may I interest
you in a free book?
00:33:18.216 --> 00:33:21.599
- So are you guys nuclear advocates?
00:33:21.600 --> 00:33:24.153
- We are advocating for all the solutions,
00:33:24.154 --> 00:33:27.817
that we now need all
the tools that can have.
00:33:27.818 --> 00:33:30.533
Can I give you a free book?
00:33:30.534 --> 00:33:32.833
- Are you really putting
out a pro-nuclear message
00:33:32.834 --> 00:33:33.709
or an anti?
00:33:33.710 --> 00:33:35.006
- We are pro...
00:33:35.007 --> 00:33:36.891
- At Place to B I wasn\'t
really able to meet
00:33:36.892 --> 00:33:39.273
a lot of people who agreed with me
00:33:39.274 --> 00:33:41.544
that nuclear needed to be
a big part of the solution
00:33:41.545 --> 00:33:43.878
until I met Rauli and Janne.
00:33:45.187 --> 00:33:46.687
These guys get it.
00:33:48.755 --> 00:33:50.689
I\'m glad to do anything I can to help them
00:33:50.690 --> 00:33:52.440
succeed in that goal.
00:33:55.500 --> 00:33:58.250
(operatic music)
00:34:04.896 --> 00:34:08.597
♫ Listen, friends, to what I\'m saying
00:34:08.598 --> 00:34:12.765
♫ We must stop playing
with all our futures
00:34:13.734 --> 00:34:17.647
♫ This is the moment, this is the moment
00:34:17.648 --> 00:34:21.815
♫ When we all decide to
fight as one for the Earth
00:34:22.764 --> 00:34:26.935
♫ Time is wasting, we must be hasty
00:34:26.936 --> 00:34:31.581
♫ Or lose the chance to even decide at all
00:34:31.582 --> 00:34:35.760
♫ Tick tock, tick tock, our species clock
00:34:35.761 --> 00:34:39.928
♫ Winding down until there
are no more seconds left
00:34:42.025 --> 00:34:43.774
I realized pretty early on
00:34:43.775 --> 00:34:47.808
that a lot of public opinion
is vehemently against nuclear.
00:34:47.809 --> 00:34:49.228
I think what I\'ve learned is that
00:34:49.229 --> 00:34:51.170
if you don\'t give people a chance
00:34:51.171 --> 00:34:54.325
to learn about this technology
and change their mind,
00:34:54.326 --> 00:34:56.296
they never will.
00:34:56.297 --> 00:35:00.285
♫ Molten salt reactors
00:35:00.286 --> 00:35:04.453
♫ Hold tremendous
possibilities for humanity
00:35:09.520 --> 00:35:13.621
♫ And if we build them history will show
00:35:13.622 --> 00:35:16.180
♫ It was the right way to go
00:35:16.181 --> 00:35:19.848
♫ Thorium, thorium, thorium
00:35:34.284 --> 00:35:36.098
Merci, merci beaucoup.
00:35:36.099 --> 00:35:39.266
(audience applauding)
00:35:44.327 --> 00:35:47.388
- For all the challenges we face
00:35:47.389 --> 00:35:49.799
the growing threat of climate change
00:35:49.800 --> 00:35:51.845
could define the contours of this century
00:35:51.846 --> 00:35:54.596
more dramatically than any other.
00:35:56.254 --> 00:35:58.775
- [James] If we care about the future
00:35:58.776 --> 00:36:01.298
of our children, grandchildren,
00:36:01.299 --> 00:36:05.073
we had better not leave
it all to politicians.
00:36:05.074 --> 00:36:09.824
Scientists have an obligation
to say everything they know,
00:36:09.825 --> 00:36:13.992
not limited to what the
politicians want us to say.
00:36:15.754 --> 00:36:17.701
My three colleagues and I
00:36:17.702 --> 00:36:21.976
decided to try to help
the public understand
00:36:21.977 --> 00:36:24.589
the merits of nuclear power
00:36:24.590 --> 00:36:26.587
and the need for nuclear power
00:36:26.588 --> 00:36:30.337
if we\'re going to solve
the climate problem.
00:36:30.338 --> 00:36:32.358
- Hi everybody, thank you
so much for your patience,
00:36:32.359 --> 00:36:35.786
and welcome to our press conference.
00:36:35.787 --> 00:36:37.550
So it\'s my great honor this afternoon
00:36:37.551 --> 00:36:41.284
to introduce four of
the world\'s most famous
00:36:41.285 --> 00:36:44.420
and highly-regarded climate scientists.
00:36:44.421 --> 00:36:47.180
- Why are four climate scientists
00:36:47.181 --> 00:36:50.897
who don\'t have strong
backgrounds in nuclear physics,
00:36:50.898 --> 00:36:54.817
here talking to you today
about nuclear energy?
00:36:54.818 --> 00:36:58.277
It\'s because we\'re scientists
and we can do the math.
00:36:58.278 --> 00:37:02.842
If we truly are sincere
about solving this problem,
00:37:02.843 --> 00:37:04.760
unless a miracle occurs
00:37:06.060 --> 00:37:10.746
we are going to have to ramp
up nuclear energy very fast.
00:37:10.747 --> 00:37:11.816
That\'s the reality.
00:37:11.817 --> 00:37:13.690
The numbers don\'t add up
00:37:13.691 --> 00:37:17.375
unless you put nuclear power in the mix.
00:37:17.376 --> 00:37:19.372
- You know, we\'re not
promoting nuclear energy,
00:37:19.373 --> 00:37:22.216
we\'re promoting a level playing field.
00:37:22.217 --> 00:37:25.292
We have to give a fair
and balanced assessment,
00:37:25.293 --> 00:37:28.376
eschewing ideology and preconceptions
00:37:29.716 --> 00:37:31.457
to decide on what the energy strategy
00:37:31.458 --> 00:37:34.102
should be for the future.
00:37:34.103 --> 00:37:36.413
- [Host] We have a question over here.
00:37:36.414 --> 00:37:37.822
- Thank you very much, good afternoon,
00:37:37.823 --> 00:37:39.054
I simply want to say that
00:37:39.055 --> 00:37:41.379
your defiance towards renewables
00:37:41.380 --> 00:37:43.950
and your confidence towards nuclear power
00:37:43.951 --> 00:37:44.951
is kind of,
00:37:46.443 --> 00:37:50.078
the opposite of the current dynamics
00:37:50.079 --> 00:37:52.996
to deliver carbon-free electricity.
00:37:54.436 --> 00:37:55.960
- Let me just throw in
one thing to say that
00:37:55.961 --> 00:37:59.124
it\'s not only nuclear that needs to
00:37:59.125 --> 00:38:00.898
scale up extremely rapidly,
00:38:00.899 --> 00:38:03.170
but it\'s also solar and wind.
00:38:03.171 --> 00:38:05.504
To solve the climate problem
00:38:06.608 --> 00:38:09.531
we need to scale up every
technology that makes sense
00:38:09.532 --> 00:38:11.238
as fast as we can.
00:38:11.239 --> 00:38:15.509
But the goal is not to make
a renewable energy system,
00:38:15.510 --> 00:38:17.074
the goal is to make the most
00:38:17.075 --> 00:38:21.028
environmentally advantageous
energy system we can
00:38:21.029 --> 00:38:23.906
while providing us with affordable power.
00:38:23.907 --> 00:38:27.477
And there\'s really only one
technology that I know of
00:38:27.478 --> 00:38:29.933
that can provide carbon-free power
00:38:29.934 --> 00:38:32.580
when the sun\'s not shining
and the wind\'s not blowing,
00:38:32.581 --> 00:38:35.276
at the scale that modern
civilization requires,
00:38:35.277 --> 00:38:37.894
and that\'s nuclear power.
00:38:37.895 --> 00:38:41.338
- You know, I\'d like to
emphasize that China and India
00:38:41.339 --> 00:38:45.176
are using tremendous amounts of power,
00:38:45.177 --> 00:38:47.967
almost all coal, for
their electric plants.
00:38:47.968 --> 00:38:51.009
And there\'s no way that they
can power their steel mills,
00:38:51.010 --> 00:38:53.353
and all the other factories
that they\'re building
00:38:53.354 --> 00:38:56.706
products for us, on solar panels.
00:38:56.707 --> 00:38:58.850
And they know that
00:38:58.851 --> 00:39:02.812
and for the West not
to help them is immoral
00:39:02.813 --> 00:39:07.269
because we burned their
share of the carbon budget.
00:39:07.270 --> 00:39:10.023
You know, I would argue
that what we\'re gonna find
00:39:10.024 --> 00:39:13.441
is that China is going to develop nuclear
00:39:16.314 --> 00:39:19.064
and it will find a market for it.
00:39:20.920 --> 00:39:23.988
And we\'re wasting an opportunity
00:39:23.989 --> 00:39:26.572
if we don\'t develop our technology.
00:39:26.573 --> 00:39:28.030
- [Host] Thank you.
00:39:28.031 --> 00:39:31.198
(audience applauding)
00:39:39.428 --> 00:39:43.110
- Well China is really
going great guns on nuclear.
00:39:43.111 --> 00:39:45.728
It\'s really the largest nuclear builder
00:39:45.729 --> 00:39:48.173
in the world right now.
00:39:48.174 --> 00:39:50.754
They can do that because they
can mobilize the capital,
00:39:50.755 --> 00:39:52.682
they can build stuff quickly,
00:39:52.683 --> 00:39:55.373
they have a massive
construction capability,
00:39:55.374 --> 00:39:59.541
and the government can just
mandate that to happen.
00:40:00.521 --> 00:40:03.540
China\'s a society,
unlike the United States,
00:40:03.541 --> 00:40:05.542
that still has some sense of direction
00:40:05.543 --> 00:40:08.497
as to where they want to go on energy.
00:40:08.498 --> 00:40:11.103
To be honest, in the United
States it\'s all about,
00:40:11.104 --> 00:40:12.978
well, maybe we\'ll do
something 10 years from now
00:40:12.979 --> 00:40:15.339
and maybe 20 years from
now we\'ll actually have
00:40:15.340 --> 00:40:17.590
a working advanced reactor.
00:40:20.106 --> 00:40:23.041
- The US doesn\'t have a
coherent long-term energy policy
00:40:23.042 --> 00:40:25.361
where you would make choices like,
00:40:25.362 --> 00:40:27.833
what percentage of our system
is going to be nuclear?
00:40:27.834 --> 00:40:29.643
What percentage is
going to be natural gas?
00:40:29.644 --> 00:40:31.045
What percentage will be renewables?
00:40:31.046 --> 00:40:33.967
And then we need to innovate
and build up our capacities
00:40:33.968 --> 00:40:35.801
to meet those targets.
00:40:36.824 --> 00:40:39.916
So instead what we have
is utilities and markets
00:40:39.917 --> 00:40:42.003
making the decision where they\'re saying,
00:40:42.004 --> 00:40:43.797
hey, we have cheap natural gas right now,
00:40:43.798 --> 00:40:46.181
so let\'s build more natural gas plants,
00:40:46.182 --> 00:40:47.884
and let\'s shut down our nuclear plants
00:40:47.885 --> 00:40:51.218
because right now they\'re too expensive.
00:40:52.144 --> 00:40:54.904
- That vision of the
future is something that,
00:40:54.905 --> 00:40:56.809
I think we\'ve lost it.
00:40:56.810 --> 00:40:59.400
We\'ve lost the desire to
look over the horizon.
00:40:59.401 --> 00:41:02.769
Desire to make things better in the future
00:41:02.770 --> 00:41:05.020
and I think we focus a lot more on
00:41:05.021 --> 00:41:06.657
what\'s happening today?
00:41:06.658 --> 00:41:07.825
How do we keep what we have?
00:41:07.826 --> 00:41:12.532
As opposed to, how do we
make the future better?
00:41:12.533 --> 00:41:14.356
- There seems to be the support for
00:41:14.357 --> 00:41:17.721
advanced reactor technology in the US,
00:41:17.722 --> 00:41:22.398
but I think the biggest
obstacle by far is just inertia.
00:41:22.399 --> 00:41:26.566
It just take a while to cause
a significant shift in vision.
00:41:29.046 --> 00:41:32.650
Nuclear is a very heavily
regulated industry.
00:41:32.651 --> 00:41:34.884
The Nuclear Regulatory
Commission in the US
00:41:34.885 --> 00:41:36.991
is the gold standard worldwide,
00:41:36.992 --> 00:41:40.107
but their regulations currently only apply
00:41:40.108 --> 00:41:42.754
to the conventional
light-water reactor designs.
00:41:42.755 --> 00:41:44.752
There\'s no framework to bring
00:41:44.753 --> 00:41:49.067
any of the advanced
reactor designs to market.
00:41:49.068 --> 00:41:51.348
- The biggest hurdle
between where we are now
00:41:51.349 --> 00:41:53.461
and actually building a reactor
00:41:53.462 --> 00:41:57.212
is getting that licensing
framework in place.
00:41:58.946 --> 00:42:01.621
- There are these uncertainties,
these worries about,
00:42:01.622 --> 00:42:04.274
well, how long will it take
to get something licensed?
00:42:04.275 --> 00:42:06.595
How long will it take to get certified?
00:42:06.596 --> 00:42:09.215
What will the regulator insist on?
00:42:09.216 --> 00:42:10.994
And there\'s a lot of people who say that
00:42:10.995 --> 00:42:13.513
Nuclear Regulatory Commission
in the United States
00:42:13.514 --> 00:42:14.915
is a barrier to innovation
00:42:14.916 --> 00:42:17.305
because it costs so much to do things.
00:42:17.306 --> 00:42:20.533
Well, you know, the government could fund
00:42:20.534 --> 00:42:22.201
NRC to do that work,
00:42:23.417 --> 00:42:24.667
but it doesn\'t.
00:42:25.766 --> 00:42:27.972
And that\'s a political decision.
00:42:27.973 --> 00:42:28.999
That\'s something, I think,
00:42:29.000 --> 00:42:31.833
that policymakers have to look at.
00:42:33.201 --> 00:42:35.633
- Remember when we were
here in the cherry blossoms?
00:42:35.634 --> 00:42:36.634
- Yeah.
00:42:37.354 --> 00:42:39.943
So the regulator is neutral.
00:42:39.944 --> 00:42:42.581
And we just realized that
we need to make a design
00:42:42.582 --> 00:42:46.124
that can go through
this regulatory process.
00:42:46.125 --> 00:42:48.482
Everything is geared around getting enough
00:42:48.483 --> 00:42:49.895
testing or simulation data
00:42:49.896 --> 00:42:51.754
to prove beyond a reasonable doubt
00:42:51.755 --> 00:42:53.768
that the reactor would operate safely,
00:42:53.769 --> 00:42:56.519
not present a risk to the public.
00:42:58.391 --> 00:42:59.887
- I want to thank you
for holding this hearing
00:42:59.888 --> 00:43:02.839
and for giving me the
opportunity to testify.
00:43:02.840 --> 00:43:05.000
We started this company because we believe
00:43:05.001 --> 00:43:07.136
advanced reactors will be
a significant part of the
00:43:07.137 --> 00:43:09.997
energy mix of the future.
00:43:09.998 --> 00:43:11.873
And we wanted to make
that future a reality
00:43:11.874 --> 00:43:13.317
as quickly as we could.
00:43:13.318 --> 00:43:14.992
We laud the recent work done
00:43:14.993 --> 00:43:17.251
by the Department of Energy
and by this committee,
00:43:17.252 --> 00:43:19.031
these are crucial steps to help us seize
00:43:19.032 --> 00:43:20.804
the tremendous opportunities
in front of us,
00:43:20.805 --> 00:43:22.001
to advance nuclear power
00:43:22.002 --> 00:43:24.399
and also the massive
opportunities that we have
00:43:24.400 --> 00:43:28.400
to be the leader at the
global stage, thank you.
00:43:36.167 --> 00:43:38.985
Starting a company in nuclear is hard.
00:43:38.986 --> 00:43:40.285
But if you start small
00:43:40.286 --> 00:43:42.456
and make some of that
stuff more manageable,
00:43:42.457 --> 00:43:44.068
and then we can get bigger from there
00:43:44.069 --> 00:43:46.206
after we get our feet under us.
00:43:46.207 --> 00:43:47.702
So that when we start doing it on-grid,
00:43:47.703 --> 00:43:49.009
we can be cheaper than coal,
00:43:49.010 --> 00:43:50.244
we can be cheaper than fossil,
00:43:50.245 --> 00:43:53.040
we can be the cheapest
source of energy we can.
00:43:53.041 --> 00:43:54.745
And ultimately, that\'s the only way
00:43:54.746 --> 00:43:56.913
you displace fossil fuels.
00:43:58.828 --> 00:44:00.784
- [Caroline] We are working
on our first reactor,
00:44:00.785 --> 00:44:03.444
but it\'s not our only reactor.
00:44:03.445 --> 00:44:05.239
So this is our first product,
00:44:05.240 --> 00:44:06.962
we see it as kind of the tip on the spear
00:44:06.963 --> 00:44:08.959
to get thought the
nuclear regulatory process
00:44:08.960 --> 00:44:12.627
in kind of the simplest
way we see possible.
00:44:13.725 --> 00:44:15.708
So I guess I\'d say that, you know,
00:44:15.709 --> 00:44:17.959
this is just the beginning.
00:44:29.714 --> 00:44:31.803
- Nice to meet you too, welcome.
00:44:31.804 --> 00:44:33.298
Come on in.
00:44:33.299 --> 00:44:36.466
We are gonna get you set up and then...
00:44:38.239 --> 00:44:39.239
- Hi.
00:44:40.413 --> 00:44:41.874
- Hi, I\'m Emmy.
00:44:41.875 --> 00:44:43.537
Thank you so much for your work.
00:44:43.538 --> 00:44:45.384
- Yeah, we just want to say
thank you for your work.
00:44:45.385 --> 00:44:46.736
- Well what are you, what\'s your business?
00:44:46.737 --> 00:44:49.813
- I\'m a genetics and a
cognitive science major
00:44:49.814 --> 00:44:53.302
and I\'m minoring in music
because it\'s awesome.
00:44:53.303 --> 00:44:56.316
- And I\'m a social work graduate student.
00:44:56.317 --> 00:44:59.484
_ Yeah, I really want young people to,
00:45:00.467 --> 00:45:03.601
if you don\'t understand what is needed,
00:45:03.602 --> 00:45:08.361
then the politicians, they
find the easy way out.
00:45:08.362 --> 00:45:09.579
It\'s a problem.
00:45:09.580 --> 00:45:12.072
- [Genetics Major] It\'s mind boggling.
00:45:12.073 --> 00:45:15.198
- Yeah, and part of the problem, though,
00:45:15.199 --> 00:45:17.516
is we haven\'t been asking them
00:45:17.517 --> 00:45:19.350
to do the right thing.
00:45:21.548 --> 00:45:24.092
- Jim is, we\'ll be happy to have questions
00:45:24.093 --> 00:45:27.676
and we\'d like to start
with students first.
00:45:28.688 --> 00:45:30.828
- Hello, my name is Sarah,
00:45:30.829 --> 00:45:33.445
I\'m a high school senior at
Highland Park High School.
00:45:33.446 --> 00:45:34.960
- Hello, my name is Sophia,
00:45:34.961 --> 00:45:36.455
I\'m a high school freshman
00:45:36.456 --> 00:45:38.462
in the neighboring town of Highland Park.
00:45:38.463 --> 00:45:39.796
- My name is Hannah Morrin,
00:45:39.797 --> 00:45:42.506
I\'m a senior at Hopwell
Valley Central High School.
00:45:42.507 --> 00:45:44.750
- My name is Natalie
and I\'m a sixth grader.
00:45:44.751 --> 00:45:45.992
So my question is,
00:45:45.993 --> 00:45:48.653
what can we do to raise
awareness in young people,
00:45:48.654 --> 00:45:49.999
because they\'re the
ones who are going to be
00:45:50.000 --> 00:45:52.094
taking the responsibility in the future?
00:45:52.095 --> 00:45:53.865
What can we do to raise
awareness in young people
00:45:53.866 --> 00:45:57.166
about the dangers of human activity
00:45:57.167 --> 00:46:02.033
and the effects they have
upon biodiversity on Earth?
00:46:02.034 --> 00:46:04.918
- Yeah, well, that\'s a good question about
00:46:04.919 --> 00:46:07.002
what can young people do?
00:46:08.334 --> 00:46:12.859
I don\'t at all want to
discourage individual actions,
00:46:12.860 --> 00:46:15.598
I just want to warn you that
00:46:15.599 --> 00:46:18.091
you\'ve got to also hit the politicians
00:46:18.092 --> 00:46:20.538
and make them do what is needed
00:46:20.539 --> 00:46:22.905
on a national and global basis.
00:46:22.906 --> 00:46:26.514
It\'s not enough for young people to say
00:46:26.515 --> 00:46:29.013
we want you solve the problem.
00:46:29.014 --> 00:46:30.381
The young people also have to
00:46:30.382 --> 00:46:33.806
understand something about what is needed.
00:46:33.807 --> 00:46:36.057
Politicians will sometimes,
00:46:37.144 --> 00:46:40.440
well, you know, you\'ve got to help them.
00:46:40.441 --> 00:46:42.441
I don\'t know, it\'s hard.
00:46:43.581 --> 00:46:46.498
(crowd chattering)
00:46:48.584 --> 00:46:52.628
You know, there are some
advantages of being old.
00:46:52.629 --> 00:46:54.802
You\'ve had enough experiences that you
00:46:54.803 --> 00:46:57.350
can have a perspective
which you didn\'t have
00:46:57.351 --> 00:46:59.934
when you were a younger person.
00:47:02.727 --> 00:47:05.600
I worked for decades for the
00:47:05.601 --> 00:47:08.079
National Aeronautics and
Space Administration.
00:47:08.080 --> 00:47:11.580
I spent 10 years studying the planet Venus
00:47:13.425 --> 00:47:16.798
and proposing an experiment to go to Venus
00:47:16.799 --> 00:47:21.238
and began to realize that this
planet that we\'re living on
00:47:21.239 --> 00:47:24.826
is in some ways more
interesting that Venus
00:47:24.827 --> 00:47:28.827
because this planet is
changing before our eyes.
00:47:30.601 --> 00:47:33.882
I was reluctant to be involved
in the public discussion
00:47:33.883 --> 00:47:36.920
in terms of trying to describe
00:47:36.921 --> 00:47:40.277
what are the implications of the science?
00:47:40.278 --> 00:47:44.445
But eventually I decided to
try to make the story clearer.
00:47:46.785 --> 00:47:50.520
Baring a remarkable
and improbable cooling,
00:47:50.521 --> 00:47:53.854
1988 will be warmest year on the record.
00:47:56.583 --> 00:47:58.735
This evidence represents
a very strong case,
00:47:58.736 --> 00:48:00.561
in my opinion, that the greenhouse effect
00:48:00.562 --> 00:48:04.729
has been detected and it is
changing our climate now.
00:48:14.660 --> 00:48:17.327
Well there was a lot of reaction
00:48:18.610 --> 00:48:20.228
and publicity associated with that
00:48:20.229 --> 00:48:22.416
and I tried to back out of that
00:48:22.417 --> 00:48:24.935
because I preferred to do the science.
00:48:24.936 --> 00:48:27.436
And so I tried for decades to,
00:48:29.029 --> 00:48:31.362
to stay out of the politics.
00:48:37.257 --> 00:48:40.646
It was only in 2004 that I decided
00:48:40.647 --> 00:48:43.397
to get back in the communication.
00:48:47.515 --> 00:48:49.047
And when I was asked,
00:48:49.048 --> 00:48:51.728
well, why are you doing
this now, 15 years later?
00:48:51.729 --> 00:48:55.020
I said well, I didn\'t want
my grandchildren to say
00:48:55.021 --> 00:48:58.128
that Opa understood what was happening,
00:48:58.129 --> 00:49:00.614
but he didn\'t make it clear.
00:49:00.615 --> 00:49:03.365
(crowd cheering)
00:49:05.744 --> 00:49:08.119
You know, I tried to do what I can do,
00:49:08.120 --> 00:49:09.620
but it\'s not easy.
00:49:12.152 --> 00:49:15.214
Because the fact is, it\'s just a matter of
00:49:15.215 --> 00:49:19.555
which generation is
going to feel the brunt
00:49:19.556 --> 00:49:22.877
of the changes that will be coming
00:49:22.878 --> 00:49:27.045
unless we begin to rapidly
reduce fossil fuel emissions.
00:49:41.553 --> 00:49:43.315
- There was some great things that we did
00:49:43.316 --> 00:49:44.992
while we were in Cambridge and Boston.
00:49:44.993 --> 00:49:46.837
But just recently we realized that
00:49:46.838 --> 00:49:49.674
California is where we need to be.
00:49:49.675 --> 00:49:51.963
Living in Silicon Valley is inspiring.
00:49:51.964 --> 00:49:54.060
It\'s \'cause they\'re
good at doing start-ups
00:49:54.061 --> 00:49:55.960
and doing tech and turning around
00:49:55.961 --> 00:49:57.961
and making huge impacts.
00:49:59.301 --> 00:50:00.952
It\'s ambitious to look at energy
00:50:00.953 --> 00:50:03.772
because it is the biggest
market in the world.
00:50:03.773 --> 00:50:06.481
So the potential impact I
think nuclear could have
00:50:06.482 --> 00:50:07.649
could be huge.
00:50:08.658 --> 00:50:10.085
It\'s kind of bold to say that,
00:50:10.086 --> 00:50:11.939
but it\'s really true.
00:50:11.940 --> 00:50:13.346
There\'s big things happening
00:50:13.347 --> 00:50:15.037
and there\'s a lot to learn from
00:50:15.038 --> 00:50:17.617
and that\'s exactly why we\'re here.
00:50:17.618 --> 00:50:18.822
A lot of people aren\'t familiar with,
00:50:18.823 --> 00:50:20.663
there is kind of a legacy here
00:50:20.664 --> 00:50:22.534
and it\'s really cool.
00:50:22.535 --> 00:50:25.943
GE started the first power
producing nuclear plant,
00:50:25.944 --> 00:50:28.438
was a five megawatt reactor
00:50:28.439 --> 00:50:30.933
and it was just about 45
minutes away from here.
00:50:30.934 --> 00:50:34.432
It\'s crazy, this happened in the 1950s
00:50:34.433 --> 00:50:35.974
and we can start like that,
00:50:35.975 --> 00:50:37.552
we can do it here in California
00:50:37.553 --> 00:50:39.897
and we can do it with all
the added tech benefits
00:50:39.898 --> 00:50:43.460
that there all nowadays in Silicon Valley.
00:50:43.461 --> 00:50:45.296
- So it\'s neat to see the walls up,
00:50:45.297 --> 00:50:47.818
\'cause last time we were here, you know,
00:50:47.819 --> 00:50:48.652
we just talked about the space.
00:50:48.653 --> 00:50:50.776
So now we can see how
it\'s all coming together.
00:50:50.777 --> 00:50:51.990
- How many employees?
00:50:51.991 --> 00:50:55.760
- Um, right now we\'ll have,
probably, five out here,
00:50:55.761 --> 00:50:57.144
not long after we move in,
00:50:57.145 --> 00:50:59.364
so within, like, the first couple weeks.
00:50:59.365 --> 00:51:03.458
And then we\'ll hopefully grow
that to about 10 in the near...
00:51:03.459 --> 00:51:05.200
- [Caroline] Our main
priority right now is safety.
00:51:05.201 --> 00:51:09.021
And we\'ve been worried that
different types of regulations
00:51:09.022 --> 00:51:10.950
would limit us on what
kinds of technologies
00:51:10.951 --> 00:51:13.531
we could use, or kind of
make it more difficult.
00:51:13.532 --> 00:51:17.313
- Ultimately the way that
all regulatory bodies
00:51:17.314 --> 00:51:18.954
look at this is they say, okay,
it\'s a new reactor concept,
00:51:18.955 --> 00:51:21.779
so you can show us all the
00:51:21.780 --> 00:51:23.239
great computer simulations you want,
00:51:23.240 --> 00:51:25.321
but right now, we still need some kind of
00:51:25.322 --> 00:51:26.698
hard, physical data to support
00:51:26.699 --> 00:51:29.660
what your computer
simulations say is happening.
00:51:29.661 --> 00:51:32.047
So our view is, okay, let\'s do that.
00:51:32.048 --> 00:51:34.678
When we were looking at it
00:51:34.679 --> 00:51:36.572
we came to appreciate all
the great work that was done
00:51:36.573 --> 00:51:39.025
with the fast test reactors
we had in this country
00:51:39.026 --> 00:51:43.193
and what was demonstrated at
the National Laboratories.
00:51:45.733 --> 00:51:47.655
- Idaho National Laboratory is one of 17
00:51:47.656 --> 00:51:50.569
Department of Energy
National Laboratories.
00:51:50.570 --> 00:51:52.027
Most of the laboratories have grown out of
00:51:52.028 --> 00:51:54.216
the Manhattan Project.
00:51:54.217 --> 00:51:55.782
Right, so that was a
project that, of course,
00:51:55.783 --> 00:51:59.216
during World War II to create
the first nuclear weapons.
00:51:59.217 --> 00:52:00.336
But coming out of that was
00:52:00.337 --> 00:52:01.968
this incredible research capability
00:52:01.969 --> 00:52:04.872
that then grew into the broader
energy research capability
00:52:04.873 --> 00:52:08.397
that the National Labs are today.
00:52:08.398 --> 00:52:11.588
- There\'s a huge wealth
of knowledge and expertise
00:52:11.589 --> 00:52:13.557
at the US National Labs
00:52:13.558 --> 00:52:16.032
where they did really
crazy, innovative things
00:52:16.033 --> 00:52:18.840
during the \'60s and \'70s and \'80s.
00:52:18.841 --> 00:52:21.758
All that experience is still there.
00:52:30.312 --> 00:52:33.638
- [John] I was working on the IFR program,
00:52:33.639 --> 00:52:35.953
the integral fast reactor,
00:52:35.954 --> 00:52:37.454
from 1970 to 2004.
00:52:40.429 --> 00:52:43.020
- There were some 87 tests that were run
00:52:43.021 --> 00:52:45.271
over a course of two years.
00:52:47.945 --> 00:52:50.945
Both Chernobyl and Three Mile Island
00:52:51.823 --> 00:52:56.265
would not have happened
with this kind of reactor.
00:52:56.266 --> 00:52:58.794
In the end, we showed that
00:52:58.795 --> 00:53:02.183
the most severe accidents that can happen
00:53:02.184 --> 00:53:04.600
could be done safely
00:53:04.601 --> 00:53:08.268
and without damage to
the reactor\'s systems.
00:53:09.401 --> 00:53:12.525
And that was the final
demonstration that we did
00:53:12.526 --> 00:53:14.359
in about 30 years ago.
00:53:23.617 --> 00:53:26.480
- One of the great ironies
of recent years is that
00:53:26.481 --> 00:53:30.689
one of the most promising nuclear options,
00:53:30.690 --> 00:53:34.527
the integral fast reactor,
was in development,
00:53:34.528 --> 00:53:38.195
was showing very strong
performance criteria
00:53:40.104 --> 00:53:41.962
and then it was stopped!
00:53:41.963 --> 00:53:44.123
Stopped in 1994.
00:53:44.124 --> 00:53:47.931
And you go back and
ask, why was it stopped?
00:53:47.932 --> 00:53:49.650
Nobody knows!
00:53:49.651 --> 00:53:52.074
Well, nuclear, eh, Three Mile Island,
00:53:52.075 --> 00:53:54.408
we should stop, not so good.
00:53:55.764 --> 00:53:58.183
And many, many engineers look back
00:53:58.184 --> 00:54:00.919
and say why did we stop?
00:54:00.920 --> 00:54:03.901
This is one of the most
promising ways forward
00:54:03.902 --> 00:54:05.819
for nuclear technology.
00:54:07.440 --> 00:54:11.588
- The decision was
political and I remember,
00:54:11.589 --> 00:54:15.142
I met with each of the
operating crews personally.
00:54:15.143 --> 00:54:17.560
To a person the response was,
00:54:18.934 --> 00:54:22.851
doesn\'t the country know
what it\'s losing here?
00:54:24.405 --> 00:54:27.020
But we don\'t despair at the shutdown
00:54:27.021 --> 00:54:29.574
because the technology is there.
00:54:29.575 --> 00:54:31.386
And I think you\'ll see
00:54:31.387 --> 00:54:33.574
that people will be discovering that,
00:54:33.575 --> 00:54:36.753
especially young entrepreneurs,
00:54:36.754 --> 00:54:38.380
and bringing it to the fold.
00:54:38.381 --> 00:54:39.742
The information is all there
00:54:39.743 --> 00:54:42.826
and available to the new generations.
00:54:47.571 --> 00:54:49.878
- [Caroline] What\'s old is new, right?
00:54:49.879 --> 00:54:51.964
I think it\'s great to
keep that perspective
00:54:51.965 --> 00:54:54.642
because we\'re not doing
something entirely new
00:54:54.643 --> 00:54:56.227
so much as continuing something that was
00:54:56.228 --> 00:54:58.811
already really, really awesome.
00:54:59.760 --> 00:55:01.841
- John kinda ran through
what he had done, Sonya,
00:55:01.842 --> 00:55:04.162
and got a sense on the Alaska market size,
00:55:04.163 --> 00:55:05.410
so some specifics on that.
00:55:05.411 --> 00:55:08.227
- And you know, though,
were working on islands,
00:55:08.228 --> 00:55:09.249
- Yeah.
- And stuff.
00:55:09.250 --> 00:55:10.508
Do you want to go over that too,
00:55:10.509 --> 00:55:12.062
or just
- That\'s a good point.
00:55:12.063 --> 00:55:14.625
- Assuming, like, basically
the same thing applies,
00:55:14.626 --> 00:55:16.526
what are the communities
that are most likely?
00:55:16.527 --> 00:55:20.083
And then what\'s the total
amount of payments on diesel?
00:55:20.084 --> 00:55:20.956
- The other question, Sonya,
00:55:20.957 --> 00:55:22.666
is which of these places is best to visit,
00:55:22.667 --> 00:55:23.886
that\'s another big factor.
00:55:23.887 --> 00:55:25.215
(laughing)
00:55:25.216 --> 00:55:28.651
- Where can we set up that second house?
00:55:28.652 --> 00:55:30.906
The Oklo tropical office?
00:55:30.907 --> 00:55:33.113
- Alaska\'s nice, you just need to go
00:55:33.114 --> 00:55:35.281
in the next couple months.
00:55:36.567 --> 00:55:37.912
Outside of these,
00:55:37.913 --> 00:55:39.950
what would be the other
directions you\'d go
00:55:39.951 --> 00:55:42.609
or would you suggest that we, kind of,
00:55:42.610 --> 00:55:44.148
cut it off there for now?
00:55:44.149 --> 00:55:45.640
- Canada\'s probably a good place to,
00:55:45.641 --> 00:55:48.015
sort of, come to a,
coast to a stop for now.
00:55:48.016 --> 00:55:49.325
I don\'t know if there\'s,
00:55:49.326 --> 00:55:51.641
like, these are the two
main areas, I think.
00:55:51.642 --> 00:55:55.170
I think the story in Africa\'s interesting,
00:55:55.171 --> 00:55:56.942
but I feel like it\'s kinda, it\'s not
00:55:56.943 --> 00:56:00.188
soon or near-term enough right now
00:56:00.189 --> 00:56:02.106
to look in to too much.
00:56:07.468 --> 00:56:10.051
(gentle music)
00:56:21.991 --> 00:56:23.858
- As a development economist
00:56:23.859 --> 00:56:25.771
I work in a lot of places in the world
00:56:25.772 --> 00:56:27.804
that don\'t have electricity.
00:56:27.805 --> 00:56:29.931
That\'s pure tragedy.
00:56:29.932 --> 00:56:32.028
That\'s watching children die,
00:56:32.029 --> 00:56:34.203
that\'s watching clinics
that can\'t function,
00:56:34.204 --> 00:56:36.968
that\'s watching schools that don\'t work
00:56:36.969 --> 00:56:39.636
because there\'s no power source.
00:56:41.534 --> 00:56:43.758
And we use the term energy poverty
00:56:43.759 --> 00:56:47.531
to signify that you
don\'t have modern energy
00:56:47.532 --> 00:56:49.199
for daily functions.
00:56:52.735 --> 00:56:55.888
- Today I would say
about 1.4 billion people
00:56:55.889 --> 00:56:58.722
do not have access to electricity.
00:57:00.632 --> 00:57:05.085
And somewhere about two
and a half to three billion
00:57:05.086 --> 00:57:09.253
do not have access to a
clean, modern cooking fuel.
00:57:15.583 --> 00:57:18.154
- One big issue that
developing countries have
00:57:18.155 --> 00:57:21.720
is that they lack capital and doing
00:57:21.721 --> 00:57:25.012
huge infrastructure projects
is very, very difficult.
00:57:25.013 --> 00:57:28.634
So it\'s really necessary,
especially in rural areas,
00:57:28.635 --> 00:57:31.756
to figure out creative and innovative ways
00:57:31.757 --> 00:57:33.674
to get power to people.
00:57:35.695 --> 00:57:38.547
Here they have lots and lots of sunlight,
00:57:38.548 --> 00:57:40.965
so solar is great in Senegal.
00:57:43.332 --> 00:57:45.929
This system is shared among seven farmers
00:57:45.930 --> 00:57:49.381
and even though this is a
relatively small amount of power,
00:57:49.382 --> 00:57:52.882
it completely changes everything for them.
00:58:22.828 --> 00:58:24.831
- This is about a five kilowatt array
00:58:24.832 --> 00:58:27.572
and you need about
100,000 of these to equal
00:58:27.573 --> 00:58:31.622
a 500 megawatt utility sized power plant.
00:58:31.623 --> 00:58:34.675
But even the smaller systems like this
00:58:34.676 --> 00:58:37.219
have a very important
place to play in the future
00:58:37.220 --> 00:58:39.105
as far as electrifying rural populations
00:58:39.106 --> 00:58:41.437
of developing countries.
00:58:41.438 --> 00:58:44.662
This is like a first
step in the energy ladder
00:58:44.663 --> 00:58:46.330
for a lot of people.
00:58:49.624 --> 00:58:52.289
- But now you come to Dakar,
00:58:52.290 --> 00:58:54.616
it\'s a large city, growing city.
00:58:54.617 --> 00:58:56.689
And with a million people,
00:58:56.690 --> 00:59:00.689
it will need electricity \'round the clock
00:59:00.690 --> 00:59:03.523
whether the sun is shining or not.
00:59:05.904 --> 00:59:09.411
So many places in Africa definitely need
00:59:09.412 --> 00:59:13.412
a low cost, reliable,
carbon-neutral power plant
00:59:15.061 --> 00:59:18.741
that provides electricity 24/7.
00:59:18.742 --> 00:59:22.117
Nuclear offers us one the best options
00:59:22.118 --> 00:59:25.118
we have to do that kind of baseload.
00:59:31.071 --> 00:59:32.639
- I have a strong interest in getting
00:59:32.640 --> 00:59:34.094
the price of energy lower,
00:59:34.095 --> 00:59:38.756
because of looking at
the lives of the poorest.
00:59:38.757 --> 00:59:42.509
You know, there\'s a lot of
things we take for granted,
00:59:42.510 --> 00:59:45.330
that by 2100 should be available
00:59:45.331 --> 00:59:46.955
to everyone on the planet.
00:59:46.956 --> 00:59:49.491
So we need affordable energy.
00:59:49.492 --> 00:59:51.456
That\'s why, you know, I\'m investing
00:59:51.457 --> 00:59:53.874
in a nuclear fission company.
00:59:55.668 --> 00:59:57.981
- What Bill Gates and his fellow investors
00:59:57.982 --> 00:59:59.403
are doing here is,
00:59:59.404 --> 01:00:02.042
there\'s never been
anything like it before.
01:00:02.043 --> 01:00:06.270
This is a private
citizens trying to design
01:00:06.271 --> 01:00:09.938
and build a new technology,
nuclear reactor.
01:00:11.044 --> 01:00:12.526
- TerraPower fits in really well
01:00:12.527 --> 01:00:15.673
with what Bill Gates is trying to do.
01:00:15.674 --> 01:00:18.723
You know, it\'s one of those
things that has some risk to it,
01:00:18.724 --> 01:00:20.892
takes a lot of work, but
it\'s the kind of thing
01:00:20.893 --> 01:00:25.515
that can really help with
the worlds\' energy problems.
01:00:25.516 --> 01:00:27.822
The thing with nuclear and
the reason I never anticipated
01:00:27.823 --> 01:00:30.028
the private startup companies,
01:00:30.029 --> 01:00:32.607
is that the development,
especially for advanced reactors,
01:00:32.608 --> 01:00:33.909
it\'s a big investment.
01:00:33.910 --> 01:00:36.860
You know, the radiation
tests take years to do.
01:00:36.861 --> 01:00:39.737
So it really takes someone
with a really long horizons,
01:00:39.738 --> 01:00:41.376
who is really looking
to improve the world,
01:00:41.377 --> 01:00:44.710
in a way that may take a very long time.
01:00:48.322 --> 01:00:51.498
- This is the location
of our new lab facility.
01:00:51.499 --> 01:00:53.090
We are moving from the paper reactor
01:00:53.091 --> 01:00:54.793
to doing small scale testing,
01:00:54.794 --> 01:00:56.677
and this is really big
step for our company
01:00:56.678 --> 01:00:59.510
going into the industrial-type scale,
01:00:59.511 --> 01:01:02.325
commercial-type scale testing.
01:01:02.326 --> 01:01:06.334
This is our new lab space we\'ve built out.
01:01:06.335 --> 01:01:08.645
This was a big, empty
room four months ago.
01:01:08.646 --> 01:01:10.670
So this is something we\'ve custom designed
01:01:10.671 --> 01:01:13.577
to support our testing here.
01:01:13.578 --> 01:01:16.568
If you look over here,
you see this big pit
01:01:16.569 --> 01:01:19.271
which our 5-ton bridge train
will be coming in here shortly,
01:01:19.272 --> 01:01:21.641
and what will be going
in above that pit there
01:01:21.642 --> 01:01:25.059
is an example here of a full size bundle.
01:01:26.409 --> 01:01:28.578
So, we\'re actually in
full-scale testing for this
01:01:28.579 --> 01:01:33.079
it\'s not a small base-type
scale, thanks guys.
01:01:33.080 --> 01:01:34.713
This is an example of
one of our fuel bundles,
01:01:34.714 --> 01:01:36.633
it\'s a much shorter
version of a fuel bundle
01:01:36.634 --> 01:01:37.829
but what\'s neat is,
01:01:37.830 --> 01:01:40.764
is this is what sits inside of the reactor
01:01:40.765 --> 01:01:44.015
that generates the heat for our energy.
01:01:46.206 --> 01:01:47.778
- We\'re still working on this technology,
01:01:47.779 --> 01:01:50.605
we haven\'t put it all
together and built one yet
01:01:50.606 --> 01:01:53.273
but I know it\'s going to happen.
01:01:54.115 --> 01:01:56.714
I mean, we\'d love to build
plants in the United States
01:01:56.715 --> 01:01:58.360
and I think we will someday.
01:01:58.361 --> 01:02:02.292
But right now the market is elsewhere.
01:02:02.293 --> 01:02:03.812
We\'re not politicians,
01:02:03.813 --> 01:02:07.138
we\'re not advocates for
policy, or anything like that.
01:02:07.139 --> 01:02:09.500
But I\'d say, you know,
technologists and engineers
01:02:09.501 --> 01:02:13.456
kinda trump international
relationships a lot,
01:02:13.457 --> 01:02:16.345
you think of the space
programs and everything else.
01:02:16.346 --> 01:02:19.179
People trust engineers, generally.
01:02:20.031 --> 01:02:23.093
They\'re not too sure about
politicians and big corporations,
01:02:23.094 --> 01:02:25.253
but they tend to trust engineers
01:02:25.254 --> 01:02:26.583
because they know engineers,
01:02:26.584 --> 01:02:30.240
all they want to do is to
solve the technical problems.
01:02:30.241 --> 01:02:31.981
- Yes, they have a long way to go.
01:02:31.982 --> 01:02:34.976
But I would give them a lot of credit for,
01:02:34.977 --> 01:02:37.092
sort of, starting to pave the way.
01:02:37.093 --> 01:02:38.896
You\'d have to ask the young
entrepreneurs, you know,
01:02:38.897 --> 01:02:40.628
what were they were they watching
01:02:40.629 --> 01:02:42.814
when they were sitting in grad school?
01:02:42.815 --> 01:02:44.134
But I would think that someone
01:02:44.135 --> 01:02:46.282
would be looking at
TerraPower and going hey,
01:02:46.283 --> 01:02:50.200
maybe I can actually go
do something like that.
01:02:59.337 --> 01:03:00.483
- [Leslie] Hey, Mike.
01:03:00.484 --> 01:03:01.812
- [Mike] Hey, how you doing?
01:03:01.813 --> 01:03:02.686
- [Leslie] Good, how are you?
01:03:02.687 --> 01:03:04.059
- Good, check it out!
01:03:04.060 --> 01:03:05.562
The pellet press came in yesterday.
01:03:05.563 --> 01:03:06.559
- Awesome.
01:03:06.560 --> 01:03:09.062
- Let me, let me take the force
off so you can look at it,
01:03:09.063 --> 01:03:12.270
so it doesn\'t become a
projectile or anything.
01:03:12.271 --> 01:03:13.665
- Nice.
01:03:13.666 --> 01:03:15.679
- Yeah, so this is what
I was talking about where
01:03:15.680 --> 01:03:17.602
we will be able to make
our own alloys with this
01:03:17.603 --> 01:03:19.028
and with the arcmelter.
01:03:19.029 --> 01:03:21.614
- [Leslie] For the first few
years, it was just Mark and me
01:03:21.615 --> 01:03:23.684
and our computer simulations.
01:03:23.685 --> 01:03:25.337
And now we\'re at this
stage where we can do
01:03:25.338 --> 01:03:29.255
the really cool part,
the experimental testing.
01:03:30.998 --> 01:03:32.327
- What we\'re doing in Mike\'s lab
01:03:32.328 --> 01:03:36.616
is essentially just verifying
that the computer models
01:03:36.617 --> 01:03:39.189
that we\'re using to design these reactors,
01:03:39.190 --> 01:03:41.875
without actually having to build them,
01:03:41.876 --> 01:03:46.603
that it\'s matching up with what
we can do in the real world.
01:03:46.604 --> 01:03:48.686
So, we have a good understanding
01:03:48.687 --> 01:03:51.770
of how these materials should behave,
01:03:52.832 --> 01:03:55.442
but we have to verify that the materials,
01:03:55.443 --> 01:03:58.829
they\'re going to last inside of a reactor
01:03:58.830 --> 01:04:01.080
when we actually build one.
01:04:02.163 --> 01:04:05.496
(Mike speaking faintly)
01:04:14.999 --> 01:04:16.499
- I love this job.
01:04:18.160 --> 01:04:19.759
A lot of what I get to do is play around
01:04:19.760 --> 01:04:21.490
with making new metals,
smashing old metals,
01:04:21.491 --> 01:04:25.658
high-temperature, high-pressure,
corrosion, irradiation.
01:04:26.683 --> 01:04:29.175
All the things I used to
watch as a kid on cartoons
01:04:29.176 --> 01:04:30.816
that made me want to get into science,
01:04:30.817 --> 01:04:32.400
I\'m doing them now.
01:04:33.895 --> 01:04:35.418
There\'s some new stuff you
haven\'t seen since, like,
01:04:35.419 --> 01:04:37.377
last time we talked.
01:04:37.378 --> 01:04:39.317
There\'s a lot that\'s
involved in taking something
01:04:39.318 --> 01:04:41.309
from an idea, scratched
on the back of a napkin,
01:04:41.310 --> 01:04:44.332
to a working nuclear reactor.
01:04:44.333 --> 01:04:47.058
So it starts off with an idea.
01:04:47.059 --> 01:04:50.778
We\'re going to repurpose this molten salt.
01:04:50.779 --> 01:04:52.781
The next step is running some analytical
01:04:52.782 --> 01:04:54.992
and simulation calculations to see,
01:04:54.993 --> 01:04:57.341
does this idea hold water?
01:04:57.342 --> 01:04:59.175
Will it actually work?
01:05:02.137 --> 01:05:03.402
Once you\'ve past that step,
01:05:03.403 --> 01:05:04.642
you need to get into the details.
01:05:04.643 --> 01:05:07.212
And that\'s the stage that
they\'re at right now.
01:05:07.213 --> 01:05:09.880
To be melted and run in
corrosion experiments
01:05:09.881 --> 01:05:12.519
and then back in here for
analysis and processing.
01:05:12.520 --> 01:05:14.385
You design new alloys,
01:05:14.386 --> 01:05:18.125
then you can stick them in
the molten salt furnace,
01:05:18.126 --> 01:05:21.309
and see if they survive
a whole lot of exposure
01:05:21.310 --> 01:05:23.977
to this radioactive molten salt.
01:05:25.213 --> 01:05:26.521
- Is this an emergency stop?
01:05:26.522 --> 01:05:29.484
- That is an emergency
stop in there, yeah.
01:05:29.485 --> 01:05:31.816
Now there\'s a, MIT\'s a funny place,
01:05:31.817 --> 01:05:33.297
we have all this fancy stuff
01:05:33.298 --> 01:05:35.853
but we don\'t have handles on the doors.
01:05:35.854 --> 01:05:39.187
Oh here we go, my high tech door handle.
01:05:41.903 --> 01:05:43.708
- Over the next 2 to
3 years we should have
01:05:43.709 --> 01:05:46.389
a preliminary answer as
to whether the materials
01:05:46.390 --> 01:05:48.724
are going to survive the
problems of corrosion,
01:05:48.725 --> 01:05:51.164
fouling, and radiation resistance
01:05:51.165 --> 01:05:53.415
in the TransAtomic reactor.
01:05:54.515 --> 01:05:56.779
- Some of the options in
the form of common stock
01:05:56.780 --> 01:06:00.394
conjunction with the
last round of financing.
01:06:00.395 --> 01:06:04.826
We both have a stock
purchase agreement here,
01:06:04.827 --> 01:06:08.678
and that says that we
get the common stock.
01:06:08.679 --> 01:06:09.931
- The business side of this is something
01:06:09.932 --> 01:06:13.656
that neither of us had,
like, any experience
01:06:13.657 --> 01:06:16.407
before we started down this road.
01:06:17.350 --> 01:06:19.082
- It\'s necessary in conjunction with
01:06:19.083 --> 01:06:21.500
the stock purchase agreement.
01:06:21.501 --> 01:06:23.106
- And when you think about it,
01:06:23.107 --> 01:06:27.297
before Transatomic the only
other nuclear reactor company
01:06:27.298 --> 01:06:29.586
that had raised, like, money
01:06:29.587 --> 01:06:34.541
from a top-tiered venture
capital firm was TerraPower.
01:06:34.542 --> 01:06:35.375
- Yeah.
01:06:35.376 --> 01:06:37.546
I see them as blazing the trail
01:06:37.547 --> 01:06:40.714
for everyone else in advanced nuclear.
01:06:45.080 --> 01:06:46.438
- When I first came to MIT,
01:06:46.439 --> 01:06:48.597
I was told by everybody that chances are
01:06:48.598 --> 01:06:50.345
two of the three people sitting next to me
01:06:50.346 --> 01:06:52.447
are gonna be the startup billionaires.
01:06:52.448 --> 01:06:54.635
So it doesn\'t surprise me
at all that Mark and Leslie,
01:06:54.636 --> 01:06:56.604
undergrads at the same time as me,
01:06:56.605 --> 01:06:59.437
started up a nuclear company.
01:06:59.438 --> 01:07:01.909
But the fact that nuclear
and entrepreneurship
01:07:01.910 --> 01:07:04.169
is now a term you can put together,
01:07:04.170 --> 01:07:07.281
that\'s totally new and really exciting.
01:07:07.282 --> 01:07:09.396
- Aw, that\'s so sweet of you.
01:07:09.397 --> 01:07:11.064
- [Mike] It\'s almost
like the nuclear world
01:07:11.065 --> 01:07:15.957
is catching up to the
mentality of Silicon Valley.
01:07:15.958 --> 01:07:18.061
- Hey, so sorry to keep
you waiting, Scott,
01:07:18.062 --> 01:07:19.572
really good to see you.
01:07:19.573 --> 01:07:20.605
- Stuff that we try to invest in
01:07:20.606 --> 01:07:22.253
is things where we think there\'s really
01:07:22.254 --> 01:07:23.547
a fundamental breakthrough,
01:07:23.548 --> 01:07:25.590
in technology or the business.
01:07:25.591 --> 01:07:27.853
Founders Funds invested in Facebook,
01:07:27.854 --> 01:07:30.472
we were the first outside investor,
01:07:30.473 --> 01:07:32.723
Spotify, Airbnb and SpaceX.
01:07:34.945 --> 01:07:36.106
So a lot of the people in our team
01:07:36.107 --> 01:07:38.767
had been interested in
nuclear for a long time.
01:07:38.768 --> 01:07:40.631
And yet, there was this feeling that maybe
01:07:40.632 --> 01:07:42.799
nuclear\'s time had passed.
01:07:43.747 --> 01:07:45.752
The four root problems
that seem to be behind
01:07:45.753 --> 01:07:48.991
much of society\'s anti-nuclear perspective
01:07:48.992 --> 01:07:52.021
were safety, number two was waste,
01:07:52.022 --> 01:07:56.676
number three was cost, and
four was proliferation.
01:07:56.677 --> 01:07:58.064
And Mark and Leslie\'s design,
01:07:58.065 --> 01:08:01.398
it actually satisfied all four of those.
01:08:03.638 --> 01:08:05.065
With early-stage companies,
01:08:05.066 --> 01:08:07.079
you\'re never gonna know exactly
how everything plays out,
01:08:07.080 --> 01:08:09.251
but what you have to bet on is that,
01:08:09.252 --> 01:08:10.624
it\'s a team you believe in,
01:08:10.625 --> 01:08:12.854
and that they\'re thinking about
the problem the right way.
01:08:12.855 --> 01:08:15.409
At some point you\'re betting on them.
01:08:15.410 --> 01:08:17.300
- It\'s a, it was a sort of a last minute,
01:08:17.301 --> 01:08:18.784
half million dollar purchase
01:08:18.785 --> 01:08:21.093
that worked out really, really well.
01:08:21.094 --> 01:08:23.516
- Purchased by MIT, not
purchased by Transatomic,
01:08:23.517 --> 01:08:26.283
just to clarify that we\'re not like...
01:08:26.284 --> 01:08:27.775
- It\'s half a million, no big deal.
01:08:27.776 --> 01:08:29.048
- Yeah.
01:08:29.049 --> 01:08:30.283
- You guys ready to head downstairs?
01:08:30.284 --> 01:08:31.601
- [Leslie] Let\'s do it.
01:08:31.602 --> 01:08:33.036
- [Mike] Cool.
01:08:33.037 --> 01:08:34.433
- [Leslie] So a year out from now,
01:08:34.434 --> 01:08:35.837
we\'ll have built up our core staff,
01:08:35.838 --> 01:08:37.730
we\'ll be making good regulatory progress
01:08:37.731 --> 01:08:40.066
and from an experimental perspective,
01:08:40.067 --> 01:08:41.849
we\'ll have our initial results back
01:08:41.850 --> 01:08:45.169
from the corrosion experiments.
01:08:45.170 --> 01:08:47.649
- We don\'t really know
what\'s going to happen.
01:08:47.650 --> 01:08:50.918
To take a risk like this
is not a sure fire thing.
01:08:50.919 --> 01:08:52.543
So the fact that Mark and Leslie,
01:08:52.544 --> 01:08:56.088
they\'re going through with this,
they, not just Transatomic,
01:08:56.089 --> 01:08:58.579
but they as in any nuclear start-up,
01:08:58.580 --> 01:09:01.363
amidst this sort of wave of negativity,
01:09:01.364 --> 01:09:03.511
can push through and come
out on the other side
01:09:03.512 --> 01:09:07.679
with a working technology,
that takes a lot of chutzpah.
01:09:09.478 --> 01:09:12.311
(mid-tempo music)
01:09:24.810 --> 01:09:28.060
(employees chattering)
01:09:32.609 --> 01:09:36.821
- It\'s been a busy last
10 months, I\'d say.
01:09:36.822 --> 01:09:39.589
California\'s lived up to its expectations,
01:09:39.590 --> 01:09:43.580
it\'s a place where there\'s single focus on
01:09:43.581 --> 01:09:46.492
building your company
and focusing on that,
01:09:46.493 --> 01:09:48.212
working hard.
01:09:48.213 --> 01:09:49.396
- Renewables, dude.
01:09:49.397 --> 01:09:51.973
They\'re like... (crashing noise)
01:09:51.974 --> 01:09:54.365
(laughter)
01:09:54.366 --> 01:09:55.699
Oh no, it broke.
01:09:58.081 --> 01:10:00.498
Oh, was that the glue failed?
01:10:02.548 --> 01:10:03.976
- [Carloline] When we
were starting to look at
01:10:03.977 --> 01:10:07.112
what kind of technology did
we really want to settle on,
01:10:07.113 --> 01:10:09.056
we first started with, what did we think
01:10:09.057 --> 01:10:10.830
people wanted to buy?
01:10:10.831 --> 01:10:12.549
So, keeping it simple, stupid,
01:10:12.550 --> 01:10:15.633
was kind of our mantra from early on.
01:10:16.881 --> 01:10:18.673
- We got, kind of, a unique opportunity
01:10:18.674 --> 01:10:20.728
to go to the National Lab
and do some work with them.
01:10:20.729 --> 01:10:24.896
And it\'s really awesome, because
I love nuclear technology,
01:10:25.991 --> 01:10:27.852
I love nuclear reactors.
01:10:27.853 --> 01:10:29.456
I love being around reactor facilities
01:10:29.457 --> 01:10:31.252
and I particularly love kind of the,
01:10:31.253 --> 01:10:33.666
the Golden Age of nuclear
research and development
01:10:33.667 --> 01:10:35.917
of the fifties and sixties.
01:10:37.734 --> 01:10:38.995
We\'re standing on the shoulders of giants
01:10:38.996 --> 01:10:40.273
doing what we\'re doing,
01:10:40.274 --> 01:10:42.891
dating back to all of the
work that\'s come through
01:10:42.892 --> 01:10:45.560
over the last couple decades.
01:10:45.561 --> 01:10:48.894
It\'s a new legacy that went on out here.
01:10:53.580 --> 01:10:55.620
- It\'s kinda interesting to
think about the history of it,
01:10:55.621 --> 01:10:59.520
kind of a similarity to
what we were going to do.
01:10:59.521 --> 01:11:00.813
It doesn\'t like stick up,
01:11:00.814 --> 01:11:02.079
you can\'t see it from a big distance,
01:11:02.080 --> 01:11:03.465
it\'s like you have to come around a curve,
01:11:03.466 --> 01:11:04.813
and then there it is.
01:11:04.814 --> 01:11:06.223
And it\'s like, just up against a hill.
01:11:06.224 --> 01:11:08.573
- More accessible and almost natural.
01:11:08.574 --> 01:11:10.360
- Yeah. You can see the GE
logo, and the one water tank,
01:11:10.361 --> 01:11:11.763
not even affiliated
with the nuclear plant,
01:11:11.764 --> 01:11:13.965
but you\'re right, it just blends in.
01:11:13.966 --> 01:11:16.764
- I would love for our units
to look kind of like that,
01:11:16.765 --> 01:11:19.515
just like simple and beautiful.
01:11:20.664 --> 01:11:24.687
- I think I just romanticize
that era so much.
01:11:24.688 --> 01:11:28.855
That was the sixties, that\'s
when we did everything.
01:11:33.683 --> 01:11:36.325
- Starting small and
working up from there,
01:11:36.326 --> 01:11:39.898
I mean GE started here with
just a five megawatt plant,
01:11:39.899 --> 01:11:42.572
that produced, for how
long, like 10 years?
01:11:42.573 --> 01:11:43.828
- [Jake] Like 10 or 12 years.
01:11:43.829 --> 01:11:44.851
- Yeah, it was a long time.
01:11:44.852 --> 01:11:46.074
- [Jake] Power on the grid.
01:11:46.075 --> 01:11:48.769
- First one connected to the grid.
01:11:48.770 --> 01:11:49.938
I think it\'s kind of interesting, too,
01:11:49.939 --> 01:11:52.447
if you think about this as
a five megawatt solar array
01:11:52.448 --> 01:11:54.670
it would probably cover all this land,
01:11:54.671 --> 01:11:57.232
and be quite obtrusive.
- Yeah, all of this.
01:11:57.233 --> 01:11:59.066
- No grasses or birds.
01:11:59.958 --> 01:12:02.485
- [Jake] It\'s kinda cool.
01:12:02.486 --> 01:12:03.486
- Go big,
01:12:04.809 --> 01:12:05.834
go small to go big.
01:12:05.835 --> 01:12:06.835
- Yeah.
01:12:13.539 --> 01:12:16.692
We need to think about how
can we help make it easier
01:12:16.693 --> 01:12:18.827
so that companies and
great ideas can get built
01:12:18.828 --> 01:12:21.662
and developed and then also
bring that technology to the,
01:12:21.663 --> 01:12:23.672
to the rest of the
world as soon as we can.
01:12:23.673 --> 01:12:26.444
We need to think about being
a world leader as a country
01:12:26.445 --> 01:12:27.990
and doing that, again,
01:12:27.991 --> 01:12:31.424
a world leader in bringing
clean, reliable energy to people,
01:12:31.425 --> 01:12:33.592
and that includes nuclear.
01:13:11.141 --> 01:13:14.423
- I contacted two scientific
colleagues in China,
01:13:14.424 --> 01:13:16.761
to have a workshop on climate,
01:13:16.762 --> 01:13:19.429
air pollution and nuclear power.
01:13:21.197 --> 01:13:22.966
They really pushed to
make this connection,
01:13:22.967 --> 01:13:25.207
and now I think it may pay off
01:13:25.208 --> 01:13:28.103
and so I\'m very grateful
to my Chinese colleagues
01:13:28.104 --> 01:13:29.354
for doing that.
01:13:30.326 --> 01:13:32.159
- It seems to me that,
01:13:33.246 --> 01:13:36.791
the future of the planet! (laughter)
01:13:36.792 --> 01:13:37.762
- Cheers!
01:13:37.763 --> 01:13:40.679
(glasses clinking)
01:13:42.289 --> 01:13:45.439
- Most people are surprised
to learn that China,
01:13:45.440 --> 01:13:48.033
even though it\'s the
biggest emitter now, by far,
01:13:48.034 --> 01:13:49.608
is responsible for only 10%
01:13:49.609 --> 01:13:52.526
of the excess CO2 in the atmosphere
01:13:53.956 --> 01:13:55.356
from fossil fuel burning.
01:13:55.357 --> 01:13:59.143
While the United States is
responsible for more than 25%,
01:13:59.144 --> 01:14:02.595
and the European union for more than 25%.
01:14:02.596 --> 01:14:04.383
So that\'s one thing we need to make clear,
01:14:04.384 --> 01:14:08.494
we\'re not blaming them
for the climate change,
01:14:08.495 --> 01:14:11.532
but now we\'re in the same boat,
01:14:11.533 --> 01:14:13.562
and it\'s leaking.
01:14:13.563 --> 01:14:16.883
And either we figure out how
to plug those holes together,
01:14:16.884 --> 01:14:19.134
or we all go down together.
01:14:21.571 --> 01:14:23.918
- Ladies and Gentlemen, good morning.
01:14:23.919 --> 01:14:28.880
It\'s my great honor for me
to express my warmly welcome
01:14:28.881 --> 01:14:31.131
to our distinguished guest.
01:14:33.338 --> 01:14:35.433
- My observation about China is that
01:14:35.434 --> 01:14:37.351
things are very siloed.
01:14:38.648 --> 01:14:42.864
This is the only time ever
that the China nuclear people
01:14:42.865 --> 01:14:46.221
have come together with
the China climate people,
01:14:46.222 --> 01:14:47.937
which is kind of astounding.
01:14:47.938 --> 01:14:50.485
So I think my role, and
what Jim asked me to do
01:14:50.486 --> 01:14:52.330
was come and present,
01:14:52.331 --> 01:14:54.592
bring those two worlds together and say
01:14:54.593 --> 01:14:58.593
why is it that nuclear
is really important here?
01:15:18.261 --> 01:15:21.425
- You have a nice sign for us.
01:15:21.426 --> 01:15:23.343
- Thank you, thank you.
01:15:28.032 --> 01:15:29.745
- You know, when you look
at these young people,
01:15:29.746 --> 01:15:33.974
that\'s the first thing
that comes to my mind,
01:15:33.975 --> 01:15:37.609
that they are going to experience things
01:15:37.610 --> 01:15:39.860
as a result of our actions.
01:15:41.647 --> 01:15:45.291
They\'re going to be alive
at the end of this century.
01:15:45.292 --> 01:15:47.792
That\'s what this is all about,
01:15:49.362 --> 01:15:52.145
the whole issue is climate change,
01:15:52.146 --> 01:15:53.979
what we\'re concerned about is the future
01:15:53.980 --> 01:15:57.480
that we\'re leaving for those young people.
01:16:01.588 --> 01:16:04.958
- Even though China is going
really fast on nuclear,
01:16:04.959 --> 01:16:07.824
they don\'t necessarily have
all the technological savvy
01:16:07.825 --> 01:16:09.908
that we have in the West.
01:16:11.163 --> 01:16:13.407
So the real opportunity
here is to marry up
01:16:13.408 --> 01:16:15.586
the enormous technological know-how
01:16:15.587 --> 01:16:19.235
and research base that we have in the US,
01:16:19.236 --> 01:16:21.554
with the enormous demand,
not just in China,
01:16:21.555 --> 01:16:24.497
but in other parts of Asia, as well.
01:16:24.498 --> 01:16:26.825
It\'s almost a perfect complementarity
01:16:26.826 --> 01:16:28.826
between the two systems.
01:16:34.344 --> 01:16:37.168
- [James] This issue of climate change
01:16:37.169 --> 01:16:39.397
just completely overrides
01:16:39.398 --> 01:16:41.855
all these disagreements you hear about
01:16:41.856 --> 01:16:44.856
between the United States and China.
01:16:47.293 --> 01:16:49.460
They seem so unimportant
01:16:49.461 --> 01:16:53.211
in comparison to the
future of both countries
01:16:54.530 --> 01:16:56.530
for generations to come.
01:17:11.397 --> 01:17:13.634
- [Mark] There\'s an
opportunity for nuclear power
01:17:13.635 --> 01:17:17.802
to fundamentally change the
way the world generates energy.
01:17:19.100 --> 01:17:21.526
- [Leslie] And perhaps it\'s
times of crisis to drive
01:17:21.527 --> 01:17:23.040
major technological change.
01:17:23.041 --> 01:17:25.627
So it was World War II that drove
01:17:25.628 --> 01:17:27.125
the development of the atomic bomb
01:17:27.126 --> 01:17:30.541
and the birth of the nuclear
industry in the first place.
01:17:30.542 --> 01:17:33.961
And I think now perhaps
it\'s climate change
01:17:33.962 --> 01:17:38.129
that is driving this new
generation of nuclear power.
01:17:44.551 --> 01:17:46.959
- I don\'t think we need a miracle.
01:17:46.960 --> 01:17:51.127
What we really need is global
cooperation on technology.
01:17:52.529 --> 01:17:55.224
We need to solve problems together,
01:17:55.225 --> 01:17:57.603
because this is hard and it\'s complex
01:17:57.604 --> 01:17:59.787
and it\'s not about the lawyers mainly,
01:17:59.788 --> 01:18:02.621
it\'s mainly about the engineering.
01:18:05.281 --> 01:18:07.907
- We\'re building something
that is part of efforts
01:18:07.908 --> 01:18:11.299
that can fundamentally save the world.
01:18:11.300 --> 01:18:15.150
Nuclear\'s going to be
so important for that.
01:18:15.151 --> 01:18:17.074
- [Caroline] I feel like
the really big difference
01:18:17.075 --> 01:18:21.046
of what our future could
look like in 2030, in 2060,
01:18:21.047 --> 01:18:23.030
is nuclear power.
01:18:23.031 --> 01:18:25.698
It can really be a game changer.
01:18:29.853 --> 01:18:32.659
- Silicon Valley didn\'t just happen.
01:18:32.660 --> 01:18:34.687
I mean Silicon Valley
was basically invented
01:18:34.688 --> 01:18:37.402
by the federal government
to really pioneer
01:18:37.403 --> 01:18:39.903
the field of computer science.
01:18:40.921 --> 01:18:41.988
And I think if we want
01:18:41.989 --> 01:18:43.842
the next generation of nuclear plants,
01:18:43.843 --> 01:18:45.231
we need to really be committed
01:18:45.232 --> 01:18:47.889
to creating the same
kind of innovative sector
01:18:47.890 --> 01:18:49.723
in the nuclear sector.
01:18:53.030 --> 01:18:54.794
It\'s going to require us
to think really differently
01:18:54.795 --> 01:18:57.492
about how we license reactors,
01:18:57.493 --> 01:18:59.769
and I think we can do it,
01:18:59.770 --> 01:19:01.058
but we have to decide
01:19:01.059 --> 01:19:04.476
that we actually want those technologies.
01:19:08.716 --> 01:19:12.107
- People need to advocate
for clean energy.
01:19:12.108 --> 01:19:14.996
Get out there and talk to your neighbors.
01:19:14.997 --> 01:19:18.164
Let\'s start that dialogue as a nation.
01:19:19.071 --> 01:19:23.500
If you have children, talk
to them about their future.
01:19:23.501 --> 01:19:26.982
My kids, my kids are worried
about climate change.
01:19:26.983 --> 01:19:29.137
And so, how do you solve that?
01:19:29.138 --> 01:19:30.471
By clean energy.
01:19:33.977 --> 01:19:36.227
- It\'s a situation where
the younger generation
01:19:36.228 --> 01:19:38.706
is gonna make the changes,
01:19:38.707 --> 01:19:41.923
and, unfortunately, my generation
01:19:41.924 --> 01:19:45.174
has left them a pretty lousy situation.
01:19:47.028 --> 01:19:49.208
But, when it comes to addressing,
01:19:49.209 --> 01:19:52.158
arguably, the greatest challenge,
01:19:52.159 --> 01:19:55.108
certainly the greatest
environmental challenge in history,
01:19:55.109 --> 01:19:59.276
it\'s the young people that
are gonna be driving it.
01:20:03.200 --> 01:20:05.057
- There are examples of countries
01:20:05.058 --> 01:20:07.706
that reduced their carbon emissions
01:20:07.707 --> 01:20:11.272
at those rates that we
need today, globally.
01:20:11.273 --> 01:20:15.417
Places like France, which
did it in the 1970s and \'80s,
01:20:15.418 --> 01:20:17.405
Sweden, 1980s.
01:20:17.406 --> 01:20:22.008
And they did that with a big
scale up of nuclear power.
01:20:22.009 --> 01:20:24.649
And they didn\'t even have
the advanced technologies
01:20:24.650 --> 01:20:26.983
that we\'re working on today.
01:20:28.117 --> 01:20:31.487
If big countries like
China, India and the US
01:20:31.488 --> 01:20:32.982
kinda pulled a \"France,\"
01:20:32.983 --> 01:20:34.544
it\'s definitely doable,
01:20:34.545 --> 01:20:36.600
it\'s definitely a feasible example
01:20:36.601 --> 01:20:39.434
of how we can stop climate change.