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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, so Utah just put out legislation that

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

that actually did that.

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

So previously in Utah, my understanding is you weren't really allowed to do behind the meter generation.

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

You had to produce and hook into the grid as a way of supporting the grid and helping make sure that Utah's grid was strong.

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

I think there's enough of this concern over bottleneck that recent legislation and regulation said, if you can't get the power you need from the grid, you can go do a reactor behind the meter.

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

And that was Utah.

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

I think many other states allow for this too.

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

The real thing we're going to have to wait for on that front is seeing some of these smaller reactor formats and reactor designs actually get licensed by the NRC.

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

And so that'll be a few years.

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

That'll be them doing some testing initially on DOE land, for example, proving that the reactor works.

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

If they're small enough, they can do that out at Idaho National Lab.

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

in a facility that they call the dome.

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

So it's an old containment dome from a different reactor that they emptied out, the dome is there and they can bring reactors in and test them.

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

So what we're gonna see probably starting 2026, 2027 is reactors going in there,

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

putting in small amounts of fuel, proving that things work the way they expected to, using that data in NRC license applications, showing, hey, we ran it at a small scale.

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

We see that the models actually hold.

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

We see that the predictions are true.

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

And here's all the reasons why not only will it work, but it'll be extremely safe.

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

So then that's a two-year process.

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

And then we're going to see them building them in parallel with getting