Scott Nolan

And then I think the microreactors are a whole separate story of,

You know, we're not even thinking about the grid because we're going to places where either the use case has to assume the grid is not working or there is no grid.

I think that's where we're going to see that first.

So I think there's room for many of these different reactor designs to succeed.

And the biggest variable I think of between them isn't what fluid they have inside the system, isn't exactly whether they use the poppy seed size kernels, triso particles,

or golf ball size or little cylinders.

It's how big a reactor are you making and how much does it cost to build?

Transmission's the next big piece.

So you've got fuel, you've got the reactors, and now what about actually moving the electricity around?

I think that's going to be a challenging piece.

And that's something we hear from friends in the data center world is that

The grid is going to be challenged to grow as fast as we need it to with a bunch of bottlenecks.

It takes a long time to build transmission lines based on environmental permitting and the supply chains.

An example of supply chain issue is transformers.

So transformers now have a long lead time.

We didn't build up a ton of capability in the country for making as many transformers as we now need.

So now there's wait times and lead times.

Yeah, so I think we're going to see supply chain challenges there that are going to, they will bottleneck how fast we can go.

And so, do you see new companies getting stood up to actually address the transformer shortage?

I think you could see things like that.