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Isaiah Taylor

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1600 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

There's these attributes of nuclear that they're thinking about and very seldom are you hearing, it's just gonna be so much cheaper.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And this is really a product of how poorly we've been building nuclear in the West for the last 30 years, is that it became very expensive.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And opponents of nuclear will say, nuclear is $150 to $200 a megawatt hour, whereas other forms of generation are less than 100.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And so nuclear looks like the expensive option.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

I would appeal to the past.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

I would say, what was nuclear energy before we kind of mucked it up, right?

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

Before we over-regulated, before Three Mile Island, before we kind of tripped over our own feet, what was nuclear doing?

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And what's fascinating is that if you go and look at the original costs of nuclear from the 1970s, it was and remains the cheapest energy that humanity has ever experienced.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And that's adjusting for inflation.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

So if you take what did nuclear energy cost in the early 1970s and adjust those numbers to today, it was around $35 to $40 a megawatt hour, which is cheaper than the cheapest energy on Earth today.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

So we've actually gotten more expensive in every way since the early 1970s.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And again, we're not talking about nominal 1970s dollars.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

This is inflation adjusted.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

which proves to me from a physics perspective and an engineering perspective that nuclear can obviously be the cheapest source of energy because we did it before.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

We've already proved it.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And so we just have to get back there.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

Now, what's also interesting is that even in the early 1970s, that was only, what, 20 years since we even invented nuclear, right?

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

It was 20 years since we turned on the first reactors.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

And so that technology was like pretty new and it was already the cheapest energy on earth.

The Shawn Ryan Show
#219 Isaiah Taylor - CEO of Valar Atomics

So where would we be if we had continued to march down that line?