Nuclear Development Insights

The conversation dives into the current state of small modular reactors, highlighting that while many projects are announced, few are actually being built. Bret emphasizes that the traditional nuclear sector, particularly in China, is where most development is happening, contrasting it with the theoretical nature of new nuclear projects. He critiques the overly complex construction and financial structures that hinder the growth of the nuclear industry, suggesting that these factors are the primary reasons for the slow progress.