Gurley says China brings level three fission plants online at $2.5 billion per gigawatt versus $13 billion in the US.
“The plants in China that are the equivalent level three fission plants right now are coming on board at two point five billion per gigawatt.”
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“You know, they used to call or I've heard people refer to modern day semiconductor investing as a sport of Kings. Right. Because you're 50,000,000 to first take.”
Gurley reports SMR startups face $60 million in fees just for NRC approval before building anything.
“And the other tough part, the NRC, which we haven't talked much about, but the regulatory commission here in The U. S.”