The energy industry has been one of the fastest-growing industries in recent years, and it continues to grow. New Nuclear Power is no exception. The company has seen significant growth over the past few years installing solar panels for more than 17, 000 happy customers, but are they poised for even more? PosiGen CEO Thomas Neyhart shares his thoughts on the future of nuclear power in this article.
One of the big reasons why Thomas Neyhart thinks that New Nuclear Power is on the right track is because of NuScale’s SMR. “It’s really one of our biggest value propositions, what we’ve learned from Department of Energy-funded projects with NuScale and others,” says PosiGen CEO. And he might have a point there. According to the report, NuScale is currently undergoing an NRC review for its self-contained SMR.
The idea of using nuclear power in remote locations is not new, but what’s different about NuScale’s design isn’t just that it’s safer than other designs, but also that it’s smaller. “You can go into a lot of these remote locations and these smaller units, they can be economical to build. […] You don’t need all the infrastructure that’s normally associated with nuclear power plants” he adds (App.lead411).
Thomas Neyhart also talked about how currently New Nuclear Power is not just focused on being one-dimensional when it comes to building out infrastructure related to nuclear power. What does this mean? It’s simple as Thomas Neyhart explains: New Nuclear Power is focusing on providing nuclear power plant operators with remote operation services. Thomar Neyhart explains that there are many benefits to this, including the fact that New Nuclear Power can provide 24/7 support to clients with a local workforce from wherever they are located – whether it’s in or outside of their home country.