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American competitiveness in the energy sector: the DOE’s ARPA-E department is focusing on advanced nuclear
The Biden administration is spending big on support for small modular reactors. What needs to happen to get costs down and accelerate the deployment of nuclear?
The Department of Energy’s ARPA-E (Advanced Research Projects Agency – Energy) is an agency tasked with the research and development of advanced energy technologies. Since 2009, they’ve provided nearly US$4 billion in funding for more than 1500 potentially transformative energy technology projects.
One particular area of focus for them at the moment is advanced nuclear. There’s a lot of potential for nuclear to deliver reliable power to millions of American homes, but projects are still finding costs prohibitive. Could advancements in technology be the thing to change this? Jenifer Shafer is Associate Director for Technology at ARPA-E, and she joins us to discuss initiatives in her department, and the focus on reducing imports, reducing emissions, improving efficiency, and enhancing American competitiveness in clean energy manufacturing.
What are the priorities for nuclear? Is it advancements in technology, getting costs down, or removing regulatory barriers to deployment? To analyse the current state of the sector, Jenifer and David are joined by David Brown, Director of Energy Transition Practice at Wood Mackenzie, for the second half of the show. Together they explore the impact of the Biden administration's US$900 million support for nuclear small modular reactors, and the government’s role in sponsoring new supply sources for uranium.
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