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The biggest barrier to the widespread use of nuclear is the cost of building reactors, which most experts would agree is a major problem for the industry. //
Nuclear power’s role in combating climate change is a contentious topic, but a Silicon Valley entrepreneur thinks he can sway the debate by releasing open-source designs for a small-scale reactor that could be built in two years for just $300 million.
The argument for making nuclear power part of our response to climate change is compelling: the fuel is abundant, it releases no greenhouse gas emissions during operations, and it’s capable of producing huge amounts of energy.
But safety concerns, cost, and the question of what to do with the radioactive waste produced mean it’s failed to capture the zeitgeist.
Bret Kugelmass wants to change that. After selling his drone company Airphrame in 2017 he decided to take on climate change, founding a non-profit research organization called the Energy Impact Center (EIC). And pretty quickly, he came to the conclusion that nuclear power is the way forward.
To advance his vision, last week EIC launched the OPEN100 project, which Kugelmass says will provide open-source blueprints for the design, construction, and financing of a 100-megawatt nuclear reactor. He claims the reactor can be built for $300 million in less than two years, significantly decreasing the per-kilowatt cost of nuclear power.