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Scott Nolan

👤 Person
1357 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Yeah, if we go back to the one I was talking about earlier, so containerized one megawatt of electric, two megawatts thermal, I think those could be, you're gonna start in really more niche applications like the remote Alaskan village that doesn't have a good source of electricity and solar's unreliable, wind's not gonna work.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Okay, we're way up there in middle of nowhere, Alaska, and we need to actually import diesel every summer through a tanker.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And then we store it and we just run our diesel generators.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Examples like that are just seem like a no brainer for a nuclear reactor that could be containerized and run for five to 10 years.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Or an army base that is going to run off of small ones like that, maybe for radar, maybe for some other critical systems.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

I think those applications we're gonna see right away.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And I think for the small ones, you could see as they deploy into those applications, they get more experience building things in the factory.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

The factory cost comes down, all of a sudden you realize, okay, these small ones, maybe you can combine like the generators, like the solar panels, like the battery storage.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And we could have parking lots of these that in aggregate produce a pretty good amount of power.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

I think at some point, once you're trying to go to bigger amounts, like, okay, we need to do a gigawatt, maybe there's a more efficient way where maybe it doesn't have to be in a shipping container, but it should be truckable or put on a train and it should be able to be made in a factory.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So then you're getting more into the midsize, which people, you know, those really small ones are like,

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

generally called micro-reactors.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

How big are they?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Like 1 to 20 megawatts, shipping container size to something a bit bigger than that.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Not quite 20 times bigger, but a few times bigger because of how things scale.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And then the SMRs, the small modular reactors, that's generally considered 20 to 300 megawatts.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And that's where you're still, now you're getting into a little bit of construction project.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

You're gonna prep your site.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

You're probably gonna dig barriers for the reactors to go.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

You're gonna have to pour some concrete, build some structures.