How Nuclear Became a Future Proof Industry

The Nuclear industry bolsters stable, well paying jobs with incredible career prospects. Why is it that during an economic downtown, the Nuclear industry has the spotlight. When almost every single industry is going through a rough time, nuclear is the exception. In this video, I explore the life cycle of nuclear facilities, energy dependence and why nuclear power is such a robust industry!
⏰TIMESTAMPS
00:00 - Economic Uncertainty and Industries
00:55 - Electricity dependence and how nuclear works
02:14 - Nuclear Economics
03:30 - Nuclear Supply Chain and life cycle
05:50 - Engines for economic Growth
07:10 - Jobs, Career growth and subject matter expertise
08:37 - Nuclear stability from a global perspective
🙋🏾‍♂️WHO AM I:
I'm Osama, I have a background in Nuclear Engineering and work in Toronto, Canada. On my channel I help demystify nuclear technologies by simplifying them.
🔗 CONNECT WITH OSAMA
👥 Email: [e-mail]
🎥 RUclips Channel (Podcasts) - @goingnuclearwithosamabaig
📸 Instagram - @usimama
GRAB A COFFEE WITH ME
☕ I love meeting up with people in real life (and Virtually). So here's a standing offer - if you fancy taking a trip to Toronto (Canada) and want to chat, I'll buy you a coffee, no questions asked. I'm generally available most weekday evenings after 7pm.
Drop me an email ( 📩[e-mail]) and include [Coffee] in the subject line, and we can work something out.
🚧 Disclaimer: views, thoughts, and opinions expressed in the video belong solely to Osama, and not necessarily to Osama's employer, organization, committee or other group or individual.
#nuclear #nuclearengineering #cleanenergy

[@Kilstryke]

Great video Osama, posted on TFIN.

[@OsamaBaig]

Thank you so much Kilstryke! Always appreciate your support!

[@chapter4travels]

I think (hope?) that's the old-school model. Pressure water reactors are inherently very expensive and benefit greatly from economies of scale, hence the huge power plants that you described. However low-pressure/high-temperature reactors are inherently inexpensive and will cost less than both coal and natural gas plants. They also generate high-grade industrial heat whose demand is twice that of electricity alone. That changes the business model entirely.
One of the first of these reactors is coming from Canada, Terrestrial Energy and their first customers will utilize the industrial heat first, and electricity second. This is our energy future.

[@LoneWolf-wp9dn]

That sounds amazing... When are they coming online?

[@OsamaBaig]

A lot of reactors may seem less expensive on paper, however the project management and construction strategies are what lead to reactors being cheaper and cost effective

[@chapter4travels]

@@OsamaBaig In a PWR electric power plant the entire plant (nuclear and power conversion) is nuclear certified and regulated by the NRC. This makes the power conversion equipment and operation very expensive.
On a high-temperature plant like the Natrium reactor in Wyoming, only the nuclear island is regulated by the NRC. The steam plant is off-the-shelf equipment that can be installed by anyone and maintained by anyone.
This aspect alone "should' save a lot of upfront capital and ongoing operation cost.

[@chapter4travels]

Next is the low-pressure/high-temperature nuclear island. Everything about it "should" cost less than a PWR.

[@SaadShameem]

What does utility mean? eg. working in utilities?

[@OsamaBaig]

A utility is an electricity generating asset aka Nuclear power plant, hydropower plant, solar/wind farm or any other generating asset

[@LoneWolf-wp9dn]

#doubt

[@OsamaBaig]

Why is there doubt

[@LoneWolf-wp9dn]

@@OsamaBaig Nuclear is too expensive and it's only getting more expensive... Nuclear is very political wherever you go... Nuclear is not safe or at least not safe enough that everyone would be OK with having one near them... Nuclear is not standardised everything is very bespoke... The labour case you laid out is terrible... All that would have to be paid by the government for a very long time with a very uncertain break even point... Why go through all that hassle when you can have renewables and then have gas plants as baseline? Much cheaper and far fewer headaches