No free nuclear reactors left — and no way to build new ones in time
Greg Osuri, CEO of Akash Network, on why compute should be shared with a decentralized marketplace! (LegendsNLeaders)
“In the US we have Gen 1 and Gen 2 combined, about 96 reactors, and they’re utilized fully 93% of the time. The last one available was Three Mile Island — that got swept up by Microsoft for 20 years. So there are no nuclear reactors that are free anymore… you can’t build new ones, because the last one we built took about 14 years and 34 billion dollars.” — 00:09:07
Context: Part of a systematic walk through every energy option (SMRs not practical yet, interconnect queues bad for 14-15 years, utility solar storage uneconomical, wind location-bound, 100-year-old transmission grid); second half of the quote is in the [00:11:18] block.