Episode Transcript
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SPEAKER_00 (00:03):
It's just 90.
So by dropping the price on thisone thing, you'll be dropping
the price on everything.
It has like a cascading effectof improving everybody's lives.
And imagine not having to worryabout having to pay your power.
Like some people are paying awhole lease or a car payment or
another mortgage on power everysingle month, just in utilities.
(00:27):
And that could be eliminated towhere people would actually have
money to spend on themselves.
But then these energy cabalswould not have this money and
they wouldn't have the powerover us.
Also, remember that thepetrodollar is part of the
American dominance, which I'vetalked about before.
So fusion is also underminingthe petrodollar.
(00:49):
So this ultimately will probablytransition when we go into uh
whatever cryptocurrency Trump orthe other people behind him uh
will do.
Which wasn't it Palantir thatwas talking about stable coin,
which has links to possiblyintelligence services like
American ones, maybe even otherones.
(01:12):
So I'm sure if it's calledstable coin, it's gonna be
totally stable, right?
Just trust Palantir and and theCIA, they'll they're definitely
trustworthy.
Um, and look at Trump with theTrump coin and Melania coin
cryptocurrencies.
He's already done two rug pullsto steal money, which is blatant
(01:35):
grifting.
That should be illegal.
We just don't have the laws tocatch up with it right now.
But that sort of grifting, itshould be absolutely illegal.
That is just a joke.
But that goes to show of whatcould happen with stable coin is
the dollar plummets and thenwe're forced to trust stable
coin.
So, anyways, this is I'm justtalking about how massive the
(01:58):
the fusion aspect is forsociety, that it trans it
transforms everything, even likegeopolitical power struggles.
It definitely has to do withthat.
And remember of the sovereigntyaspect that I was talking about.
So let's go finish up this.
We're at the very end of how touh learn about investing in
(02:20):
fusion.
Materials and components, fusionreactors will need advanced
materials for containment walls,superconductors for magnets,
etc.
Companies that make specializedalloys, ceramics, or
superconducting tapes could seea surge in demand.
One example, a firm thatproduces high-temperature
(02:41):
superconducting wire used forpowerful magnets and fusion
tokamaks could become veryimportant.
Some of these are small techmanufacturing companies.
And on the materials andcomponents aspect, I'll just add
real quick that in the last like24 hours, they're saying that
we're gonna have a massivememory chip problem, and it's
(03:04):
gonna become an increasingcrisis into 2026, and some of
the prices for memory chips havedoubled in 24 hours, and the
price of SSDs and like memorydrives are just gonna keep on
going up, and again, that itmight not get better because AI
(03:25):
is just taking up all the chips,so that's pretty concerning.
That's like all of our devices.
Precision manufacturing andengineering, look at firms that
build complex scientificequipment or power plant
components.
If fusion projects scale up,they may partner with
established turbinemanufacturers because even a
(03:48):
fusion reactor ultimately drivesturbines to generate electricity
and many designs.
So companies like GE Aerospace,Simons, and Mitsubishi Heavy
Industries, which make turbineand power systems, could get
fusion-related contracts,artificial and artificial
intelligence and computing.
(04:08):
Since AI is aiding fusionresearch, you could invest in
the broader AI trend as a tandemstrategy.
So this is what I was talkingabout with AI being a tandem
strategy.
Not only is AI researchingfusion, but fusion is being made
to power AI.
So it's like a cycle.
They're creating like a aneconomy, its own economy within
(04:30):
this.
Chipmakers like Nvidia, whosegraphics processing units run AI
models, or companiesspecializing in industrial AI,
might see additional businessesfrom fusion development efforts.
While AI itself is a huge trendindependent of fusion, there's
synergy here.
(04:50):
Both are transformative, andsome firms may straddle both
domains.
For instance, a simulationsoftware company could sell to
both AI researchers and fusionengineers.
ETFs and funds.
And I had to look this up ofwhat is an ETF?
And because I had never heard ofit.
It says that an ETF is a fundtraded like stock, its value is
(05:14):
changing as shares of it arebought and sold.
Most ETFs are passive, meaningthey simply track a market or
sector.
Active ETFs are different.
Active ETFs have hands-onportfolio managers who look to
uncover market opportunities andselect investments with the goal
of outperformance, rather thanmerely tracking an index.
(05:37):
So here they're saying that youcan like invest your money and
get it put into a collectivegroup of people and then have
somebody uh manage that fund foryou.
So again, seems pretty scammy.
But um that's one way, Isuppose.
(05:58):
For example, an ETF an ETFfocused on next gen energy might
include companies in nucleartechnology, hydrogen, and
possibly any public publiclytraded fusion exposed firms.
Similarly, some tech focusedfunds might indirectly have
fusion exposure via holdingalphabet, microsoft, etc.
(06:20):
Position sizing, given the earlystage of fusion, you might want
to start small in a position ofcoupling of a couple promising
stocks or a fund related toHelios.
This small stake satisfies theurge to be part of an
opportunity without putting toomuch capital at risk initially.
(06:40):
As milestones are hit, say acompany achieves a noteworthy
result or a prototype plantopens, one could add to the
position effectively averagingup as confidence increases.
This way you're not all in fromday one, but you are ready to
capitalize as the vision getsde-risked over time, which is
actually really sound advice.
Like out of everything that Ijust read, that's actually
(07:03):
that's the reason that I readall of this stuff, is because in
a sense, the it is right.
Like all of this stuff is right,but it's not wrong, but the
chances of it, and it seems likethe house are always wins.
You know, the house always hasthe odds in its favor.
So, like, what are the chancesof you being one of the people
(07:26):
that I mean if you're followingme, then I guess you have a
better chance than everybodyelse, that's for sure.
But and you listen to the to thepodcast, but it's still not a
sure thing at all.
I mean, like, we had the otherguy, uh, I think it was Quantum
Fusion was the name of thecompany, and they're publicly
(07:46):
traded.
But do like, is anythinghappening with them?
I mean, I hope one day that itchanges the world, but again,
they weren't selected by bigtech.
All of these defense industriesdidn't pick them.
And personally, I feel likethat's because like the CEO guy
in charge was too benevolent.
They want somebody that alignedwith their ideology of
(08:10):
supremacist, of supremacy, ofand being a supremacist and all
different methods and alldifferent aspects, like a full
domain supremacist.
Their ideology is being at thetop and having everybody else
beneath them.
And they're addicted to it.
So that's why he wasn'tselected, in my opinion.
(08:34):
This is a space where stayinginformed is key.
Subscribing to financialresearch, like Stransbury
Newsletter, that's the personthat I'm or the people that I'm
reading, or even free newssources on science and energy
can help you know when criticalevents happen.
Which is basically what mypodcast does.
Only it's free.
With these people, they likewant you to pay money just to
(08:54):
follow what they're saying.
Which is fine if you want to dothat.
Um it's interesting.
I mean, they put together a goodarticle as far as like talking
about the transformation ofsociety and massive economic
impact.
So uh let's continue on with uhthe Bezos Amazon theme.
(09:19):
Idaho National Laboratoryaccelerates nuclear energy
projects with Amazon WebService, Cloud, and AI
Technologies.
Idaho Falls, Idaho.
The Idaho National Laboratoryand Amazon Web Services, AWS,
will collaborate to use AWS'sadvanced capabilities and cloud
(09:40):
infrastructure to developartificial intelligence tools
for nuclear energy projects.
I don't know if you guysremember, but a couple weeks
ago, AWS went down and caused amassive portion of the internet
to collapse.
So using AWS for nuclear energywhen AWS can't even run the
internet, you get the picture.
(10:03):
We gotta be careful using AI torun nuclear energy.
We have to make sure it's stableand it's safe.
And uh firing everybody andreplacing them with AI to where
it's like AI running AI didn'twork well, but whatever.
INL leads the nation in adoptingAI for the nuclear energy
(10:26):
industry.
The laboratory is developing asuite of technologies that use
AI to reduce the costs and timeframes of designing, licensing,
building, and operating nuclearfacilities.
Ultimately, the tools could beused for safe and reliable
autonomous operation of nuclearreactors and accelerating
(10:47):
deployment of new advancedreactors.
AWS advanced computing power andAI foundation models through
Amazon Bedrock will help INLfurther develop these
capabilities.
Our collaboration with AmazonWeb Service marks a significant
leap forward in integratingadvanced AI technologies into
(11:08):
our nuclear energy research anddevelopment initiatives, said
INL Director John Wagner.
This collaboration underscoresthe critical role of linking the
nation's nuclear energylaboratory with AWS.
By leveraging AWS's cutting-edgecloud computing and AI
solutions, we can acceleratenuclear energy deployment for
(11:30):
America.
This agreement with AWS fitswith the larger INL strategy to
create an ecosystem whereDepartment of Energy
Laboratories, AI technologycompanies, and nuclear energy
developers can collaborate.
By providing INL access to itscloud computing and AI
(11:50):
capabilities, AWS is enabling anuclear energy AI at scale, said
Chris Ritter Division, Directorof Scientific Computing and AI
at INL.
Through this collaboration withAWS, we have access to AI
models, GPUs, and specializedcloud services, including
(12:12):
Amazon's Bedrock Service, whichwill enable INL researchers to
many leading foundational modelsto nuclear energy applications.
Amazon offers customized chipssuch as inferentia and training,
specialized tools such as AmazonSageMaker and Solution
Architects to partner ourlaboratory with commercial AI
(12:33):
industry.
The collaboration willaccelerate the deployment of
nuclear energies to power datacenters of the future.
Advanced reactors with growinglevels of autonomy developed
through laboratory directorresearch and development funding
could be part of the solution.
Now, using AI to uh monitorreactors, like I said, we got to
(12:59):
make sure that stuff is safe andthat it's stable and reliable.
But an AI might be able to seethings coming with what's
happening inside of the reactorbefore a human can.
And seeing like micro changes inenergy faster than a human can.
(13:20):
So it can respond to whatever'shappening in the reactor faster
than a human, and maybe even beable to predict something from
happening.
So having AI help with nuclearreactors might be a really good
thing, but we have to make surethat it's safe, of course.
AWS is powerful in AI computingtechnologies, will support Idaho
(13:43):
National Laboratory anddevelopment of an autonomous
nuclear reactor to pioneer afuture where civilian nuclear
operations are safer, smarter,and more responsive, said David
Appell, Vice President of U.S.
Federal and Global NationalSecurity and Defense for AWS.
We're proud to collaborate withthe Department of Energy and
(14:04):
Idaho National Laboratory toaccelerate safe, advanced
nuclear energy that willstrengthen American energy
leadership and our technologicaledge.
INL will use AWS, compute, andAI tools to develop a digital
twin of a small modular reactor.
(14:26):
Nuclear reactors that range insize from 20 to 30 or 300
megawatts of electricity.
Digital twins are virtual modelsof real-life assets such as
nuclear reactors.
A digital twin of a smallmodular reactor could use near
real-time data from the physicalreactor to enable advanced
modeling and simulation, whichis an important step toward
(14:48):
using AI for autonomousoperation.
INL is committed to acceleratingnuclear energy deployment and
advancing autonomous nuclearoperations, and leading nuclear
energy science throughtransformational AI technology
achieved with AWS and nuclearenergy industry.
(15:11):
So I kind of want to remindeverybody of the old saying that
whatever is available publiclyis like twenty or thirty or
forty, fifty years behind whatthe government has privately.
And you guys remember when I wastalking about that the Nazis and
(15:36):
World War II may have had smallreactors and were attempting to
miniaturize them and uh makethem modular.
Then you guys remember in themoon episode we talked about the
Los Alamos patent of the nuclearboring machine that had the
(16:00):
small modular reactor as thepower plant, and it was
thermally heating the rock infront of it and making a tube
that it could pass through andseal itself off.
(16:22):
And again, I will remindeverybody that Putin uh with
Russia and China, Xi Jinpingabout, and now India um we're
talking about putting thesesorts of assets on the moon.
Uh which is exactly what I hadsaid.
Um well that that we may havedone before, and now there's a
(16:47):
surge of nuclear rockettechnology as well in America,
uh as well as Russia, I suppose.
Um so that's pretty interesting,and should probably do an
episode bringing all of thatstuff together at some point,
but I just wanted to remind youguys of all those dots that
(17:10):
that's like a string ofinformation of through the
timeline about these smallmodular reactors that were led
to believe that we're just nowbringing out.
So I wanted to read this fromChosun Daily, and this is from
four hours ago.
(17:31):
Um Korea, and Japan fundsearmarked for US nuclear
infrastructure.
And I talked about theimperialism and hegemony and how
the tariffs are being used tovacuum and hoover up the money
and bring it to America to uhmake sure that it stays at the
(17:54):
top because uh we're in a crisisright now in America.
So this is the evidence of that.
Oh, I mean, there's a lot ofevidence for it, but this take
take a look at this.
This is crazy.
U.S.
Commerce Secretary HowardLutnick announces$750 billion
investment in allocationprioritizing nuclear power plant
(18:14):
construction with profit sharingsplit.
So apparently we're gonna inwe're gonna do uh multiple
nuclear power plants all atonce.
Not only are we doing thesesmall modular reactors, the
SMRs, but apparently we're gonnado supermassive facilities as
(18:37):
well in the United States.
And so, like, I guess they'regonna try to keep keep the the
price down even further bymaking supermassive power
plants.
Hopefully they make them safe.
US Secretary of Commerce HowardLutnick announced on the 2nd
(18:57):
local time this October 2nd,that the part of that part of
the investment funds from SouthKorea and Japan established
through tariff negotiations willbe allocated to constructing
nuclear power plants in theUnited States.
During the cabinet meeting atthe White House, Lutnik cited
(19:17):
$750 billion total cashinvestment, Japan$550 billion,
South Korea$200 billion, agreedupon by the two countries and
stated we will start withnuclear power.
And I just have to say, realquick as well, with Japan
putting in$550 billion, they'vebeen putting in work as a US
(19:37):
ally.
I mean, and by quote-unquoteally, I mean a vassal.
Like they've been kissing thering of the king.
And they're even saying thatJapan will go to war with China
over Taiwan.
And I'll say real quick, Japanhad previously tried to colonize
(19:58):
Taiwan before World War II andhad a 50-year brutal reign.
And so there's a historicalcontext of Japan owning Taiwan,
trying to colonize it, and likedoing atrocities there.
So when Japan comes out and sayswe're gonna take over Taiwan,
and this is happening now.
(20:18):
That's what Japan came out andsaid, which is insane.
That's absolutely insane.
Amer the American governmentsays Taiwan is part of China.
It's called the One Chinapolicy, which we're trying to
Trump's trying to back away fromnow.
But basically, Taiwan's a stateof China.
(20:39):
And this whole separatist thinghas been really led on by uh uh
the Westerners, and you can seeJapan here like saying we're
gonna come and invade or we'llhave military action.
It's insane.
It will destroy Japan, we'lldestroy the world.
We should have no war.
(21:00):
This is insane.
I just had to say that theJapan's been uh bowing down to
the American hegemon, and itwill bite them in the butt.
He emphasized the US needs amassive nuclear infrastructure
for power generation.
(21:20):
We will build it with hundredsof billions of dollars funded by
Japan and South Korea.
Do you think their people wantbetter schools or better roads
or better hospitals?
I mean, they already have thatbetter stuff than us, but I'm
sure South Korea is goingthrough a hard time right now.
So I'm sure they could use someof that.
(21:42):
Lutnik added, we will build hereand split the cash flow 50-50,
and also mentioned we will spend$150 billion to build ships in
the U.S.
His remarks came during acabinet session where ministers
took turns presenting theirachievements.
Earlier, the U.S.
released a fact sheet through amemorandum understanding MOU
(22:02):
with Japan specifying that overhalf of Japan's$550 billion
investment,$332 billion, will beallocated to constructing
large-scale nuclear reactors andsmall modular reactors in the
US.
South Korea also signed an MOUagreeing to invest$200 billion
in cash out of its total$350billion investment, targeting
(22:26):
sectors such as shipbuilding,energy, semiconductors,
pharmaceuticals, criticalminerals, artificial
intelligence, and quantumcomputing.
So this is all the stuff thatAmerica's behind in.
That's why they need thismassive investment, this
stimulus fund from our allies ofjust kissing our you know what.
(22:48):
And that's what Trump said, too,that all these leaders will line
up to kiss his you know what.
That's what he said.
That was a direct quote.
The remaining 150 billion willbe used for shipbuilding
investments, including cashinvestments, foreign direct
investment by Korean companies,guarantees, and ship financing.
So I think this will actuallypush a lot of people away, a lot
(23:12):
of countries away from America,watching how we treat our
allies, quote unquote allies,who would want to do business
with us while our dollarscollapsing, as we've already
talked about.
And apparently, I just saw athing where some businesses are
demanding to be paid in euros.
So that's not good.
(23:33):
Profit sharing from theinvestments will be split five
by five, I guess fifty-fiftybetween South Korea and US until
principal repayment, which afterwhich it will shift to one to
nine South Korea to the US.
So then we'll we'll have ninetypercent of the money after we
(23:55):
repay it.
Meanwhile, President Trumpremarked during the meeting that
before he imposed tariffs,allies in other countries
extorted money from the USindirectly, referencing South
Korea and Japan.
He stated, I won't name thecountries, I won't mention
Japan, I refuse to mention SouthKorea.
Wow.
They exploited our nation to anextent never seen before, but
(24:15):
now we're making enormousprofits due to the tariffs.
Wow.
Okay.
So keeping on the internationalpolitics trend, China has it,
Russia has it, India's workingon it.
The small nuclear reactor race.
And again, we got to rememberthat the Germans at the end of
(24:38):
World War II, that there isevidence that they were building
these.
So this technology has existedsince the 40s.
And both the Soviets and theAmericans had it.
And it's probably spread outthrough the world since then.
But all of this stuff is comingpublic.
When I s when I first startedcovering small nuclear reactors
two years ago, it was not publiclike it is now.
(25:00):
This is brand new.
It's never been talked about theway that it is.
And it's crazy.
We're seeing every single daystuff is changing very quickly.
Uh, from nuclear, I mean, itseems like every single day
there's something big that'shappened.
The whole Korea thing justhappened four hours ago, and
then the day before that, Trumpwas talking about supermassive
(25:23):
nuclear reactors, I guesstalking about this big deal.
Uh so and then we have the Cometuh three Atlas.
Again, it's like every singleday there's something new coming
from them about that.
Uh, that it has some new strangeanomaly.
It's just a crazy time with thenews.
Things are happening veryquickly.
(25:46):
So, in an exclusive conversationwith NDTV, Dr.
Alexander Volgan, director ofprojects South Asia Region at
Russia's state nuclearcorporation, Rosatom, spoke
about the promise of small nucsmall modular reactors.
(26:06):
From Moscow, as artificialintelligence and machine
learning revolutionizeindustries, demand for reliable,
clean, and scalable power issurging.
Enter small modular reactors.
Compact factory built nuclearpower units that are fast
becoming the darling of globalenergy sector.
From powering remote islands tofueling data centers, SMRs,
(26:30):
which usually generate less than300 megawatts of electricity,
are being hailed as the next bigthing in atomic energy.
And India is not just watchingfrom the sidelines, it is
building its own.
The Bharat Small Nuclear SmallModular Reactor.
Today, small modular reactorsare the world's envy and only
(26:51):
China's pride.
In an exclusive conversationwith Indie TV, Dr.
Alexander Volgan, director ofprojects at Russia's State
Nuclear Corporation, Rasatom,spoke about the promise of SMR
and Russia's openness tocollaborate with India on this
transformative technology.
And I just had to go back toonly China's pride.
(27:13):
It's crazy that I've been sayingthat China's been forcing
America to release thistechnology.
And again, we have this articlelike confirming and uh affirming
what I was saying that China andother nations are pushing
America to release this stuff.
America doesn't want to releaseit because it jeopardizes the
petrodollar.
(27:34):
That's why.
Which is our part of ourleverage against all of these
smaller uh quote unquote thirdworld countries, as Trump has
been calling them.
Compact, captive, oh, I almostskipped a piece.
Uh when we speak about SMRs, weare speaking about small modular
reactors.
Small means they take up lessspace than conventional nuclear
(27:58):
power plants.
And modular means they arefactory assembled and can be
transported as a single piece.
Compact, captive, andcustomizable.
Unlike sprawling nuclearinstallations like Kudan and
Kulum and Tomil Nadu, RussianSMRs fit into just 15 to 17
hectacres.
(28:18):
It embeds, pumps, steamgenerators, and nuclear fuel in
one unit.
It's a steam-producing unit thatfeeds separate turbine that
feeds a separate turbine island.
Dr.
Volgan.
Each Russian SMR can deliver 55megawatts of electricity and up
to 200 megawatts of thermalenergy.
(28:40):
Their uranium fuel is enrichedup to 20%, higher than
conventional pressurized waterreactors, but still within safe
limits.
This reactor is really small.
I also also I just realized 20%,wasn't that what Iran was aiming
for?
That they were saying like we'renot gonna go to weapons level,
but we're gonna go to 20%?
(29:01):
Isn't that interesting thatthat's the percent?
And then we were like, no, even20%'s not okay.
So I wonder if they're trying tomake SMRs.
I mean I'm just throwing it outthere, I wonder.
This reactor is really small.
The reactor itself can betransported by a train.
It is ideal for remote islands,islands, or places where diesel
(29:23):
is currently in use.
The global race.
China leads, India accelerates.
Russia is already constructing aland-based SMR in the Yukak U
Yakatua Yakatuya region and hassigned a deal to supply six
units to Uzbekistan.
China, meanwhile, hascommissioned a 100 megawatt land
(29:47):
based SMR as a test unit.
It's a big push now, said Dr.
Volgan.
Most countries are developingtheir own SMRs, France, the US,
and China, but Russia is apioneer.
We have used small reactors.
On icebreakers since the 1950s.
The RITM 200 reactor is anevolution of those, which is
true.
(30:08):
India, too, is stepping up.
Prime Minister Narinda Modi hasannounced a bold target of 100
gigawatt of nuclear power aspart of India's net zero mission
by 2070.
The Bharat Small Modular Reactoris being developed indigenously
by the Baba Atomic ResearchCenter.
(30:29):
I think that's how you pronounceit.
Mumbai and Russia is keen to bepart of the journey.
We are ready to provide moreenergy, more reactors, large
scale, small scale, floatingunits, even advanced reactors,
Dr.
Volgan said.
India Russia from KudakumKudankulum to Barat SMR.
(30:54):
When asked about the possibilityof co-developing India's Bharat
SMR, Dr.
Volgan was unequivocal.
If the Department of AtomicEnergy and BARK invite us, for
sure we will be pleased tocooperate.
Wow.
Department of Atomic Energy?
So are they saying that they'llhelp Americans?
Localization is also on thetable.
(31:16):
We are developing our supplychain in India.
We are in tight discussion withthe government and Department of
Atomic of Energy on localizationand SMRs.
With India opening its nuclearsector to private players, like
the recent joint venture betweenNPCIL and NTPC, Rosatom is
watching closely.
(31:38):
It was great news.
We feel the power and the wishof Indian private players to
produce green energy.
We will study all possibilities.
(31:58):
Rosatom is confident about thesafety of SMRs.
These reactors combine passiveand active safety systems, they
are accident tolerant and safeby design.
And if you remember the spotthat the suspected Nazi SMR was
(32:19):
had very little radiation, evenafter an alleged accident.
So even back then when they werestill having accidents and they
were perfecting it and workingon it and it was only just being
engineered, it still wasrelatively low risk compared to
these supermassive facilitiesthat Trump is saying Japan and
(32:40):
Korea will fund.
I'm not sure if that's a greatidea, honestly.
I think that trying to keep itsmaller would be better.
It seems really obvious to me,but whatever.
They are also green, nuclearenergy is sustainable, these
reactors can supply energy forfive to six years without
(33:01):
reloading.
The future may be modular.
While SMRs may have higher perunit electricity costs than
large-scale plants, their lowcapital cost, faster
development, deployment, andfees flexibility make them ideal
for powering AI-driven datacenters, remote industrial
zones, and island communities.
(33:21):
Remote industrial zones, like onthe moon, question mark, or
anywhere out in space.
I mean, we could go for asteroidmining at that point.
Just saying.
(34:25):
India is huge, industries needgreen energy, and there will be
a place for all types ofreactors, barat SMRs,
large-scale units, and floatingreactors.
As India races towards its 100gigawatt goal, small reactors
made by India's private sectorcould be the secret weapon.
It's interesting they used it inthat term after everything that
(34:49):
I had said, right?
Um, so here we're reachingcoming a little bit closer to
the end here.
Amazon signs an agreement forinnovative nuclear energy
projects to aggress growingenergy demands.
New small modular reactoragreements are part of Amazon's
(35:10):
plan to transition tocarbon-free energy.
And they have like a trailer orlike an ad here, but I'm not
gonna risk the copyright on it.
It probably has music.
As we continue our path to netzero carbon, we recently
announced that we matched all ofour electricity consumed by our
(35:30):
global operations with 100%renewable energy, seven years
ahead of our 2030 goal.
As the energy needs of ourbusiness and customers continue
to grow, we're continuing toinvest in renewables while also
finding additional sources ofcarbon-free energy.
That can help both that can bothhelp power our operations and
(35:52):
bring new sources of energy tothe grid.
Nuclear power is one part ofthat mix mix.
It can be brought online atscale, and has a decades-long
record of providing a reliablesource of safe carbon-free
energy for communities aroundthe world.
Today, we're announcing thatwe've signed three new
agreements to support thedevelopment of nuclear energy
(36:13):
projects, including enabling theconstruction of several new
small modular reactors, SMRs.
SMRs are a kind of advancednuclear reactor with a small
physical footprint allowing themto be built closer to the grid.
Which being built closer meansless waste, because transmitting
the electricity you have loss.
(36:34):
The further you transmit theelectricity, the more the loss.
They also have faster buildtimes than traditional reactors,
allowing them to come onlinesooner.
Washington State is building outa full range of clean energy
options as our electricitydemand is projected to double
over the next 25 years.
(36:54):
Small modular reactors andfusion energy can play critical
roles in providing consumers andbusiness reliable zero emission
energy.
It's exciting to see theTri-Cities playing a local and
national role in building aclean energy future.
It's why we dedicated$25 millionfrom Washington's Climate
Commitment Act for EnergyNorthwest, and I congratulate
(37:16):
them on being part of AW'seffort to build clean power
sources that help cover theirgrowing energy needs.
Washington governor Governor JayInsley.
So remember when I was sayingthat taxpayers subsidize, we
give money to these corporationsand these private actors, and
we're never gonna get see themoney again.
(37:36):
I know 25 million doesn't soundlike a lot considering we were
just talking about almost atrillion dollars or
three-fourths of a trilliondollars.
But$25 million of taxpayer moneyis a lot, especially when we're
struggling here in America.
So we're just handing our moneyover to these people, and we're
never gonna get it back.
(37:57):
They're just gonna keep onraising our power, our power
bills.
I mean, that is to say, unlesswe were to stand up and
collectivize and organize andtell them to stop it, and that
we deserve electricity that isnot exploitative, that you know,
power should really just be ahuman right.
(38:19):
Electricity, like water, likeair, uh, like healthcare, it
should just be a human right.
Like if you're born into theworld, then you deserve
electricity and health care andwater and education and a house.
All of these things should justbe uh an expectation of how the
(38:41):
government takes care of usinstead of just handing the
money over to billionaires tokeep on hoarding.
This is like an episode ofhoarders.
That's what I always think ofit.
But in and in the episode ofhoarders, it's always like poor
people collecting massiveamounts of stuff, and we're
like, wow, uh, these people arediseased, uh, they're neurotic,
(39:06):
they're anxious, they're kind ofparanoid, they're delusional.
And then we look at Elon Musk orany other billionaire who could
end world hunger, could solveclimate change, and instead they
just keep on hoarding stuff.
And we salute them and we say,Wow, look at the billionaire,
(39:26):
look at how they have everythingtogether, look at how they're
contributing to the world bymaking all these different
corporations.
Well, they're hoarding theresources and hoarding the
technologies, hoarding thepower, supremacist ideology.
I Elon Musk was just tweeting uhthree or four days ago saying
that the white race will beeliminated and that they need to
(39:50):
spend their money on protectingthe white race.
So we have the world's richestman who we're just giving money
to talking about that we need tolike have a race war on the
planet Earth.
God help us.
Can we stop saluting thesepeople?
It's insane.
(40:14):
Nuclear is a safe source ofcarbon-free energy that can help
power our operations and meetthe growing demands of our
customers.
While helping us progress towardour climate pledge, commitment
to be net zero carbon across ouroperations by 2040, said Matt
Garmin, CEO of Amazon WebService.
(40:36):
One of the fastest ways toaddress climate change is by
transitioning our society tocarbon-free energy sources, and
nuclear energy is bothcarbon-free and able to scale,
which is why it's an importantarea of investment for Amazon.
Our agreements will encouragethe construction of new nuclear
technologies that will generateenergy for decades to come.
(41:01):
In alignment with ourall-American, all of the above
energy plan, small modularnuclear reactors will play a
critical role in positioningVirginia as a leading nuclear
innovation hub.
Amazon Web Service commitment tothis technology and their
partnership with Dominion is asignificant step forward to meet
(41:23):
the future power needs of agrowing Virginia.
Virginia Governor Glenn Yunkin.
Developing new sources ofnuclear power with small nuclear
reactors.
Whatever, small modular reactor.
I don't know why I can'tpronounce it right.
In Washington, our agreementwith Energy Northwest, a
(41:43):
consortium of state publicutilities, will enable the
development of four advancedSMRs.
The reactor will be constructed,owned, and operated by Energy
Northwest, and are expected togenerate roughly 320 MW of
capacity for the first phase ofthe project, with the option to
increase to 960 MW total, enoughpower equivalent of more than
(42:07):
770,000 US homes.
These projects will help meetthe forecasted energy needs of
the Pacific Northwest beginningin the early 2030s.
We're also making an investmentin X Energy, a leading developer
of next generation XMRs andfuel.
X Energy's advanced nuclearreactor design will be used in
(42:30):
Energy Northwest project.
The investment includesmanufacturing capacity to
develop the SMR equipment tosupport more than 5 gigawatts of
nuclear energy product projectsutilizing X Energy technology.
I don't know much about Xenergytechnology.
Um I'll have to look it up.
But I did see that there wassome stuff that came out about
(42:52):
it in the last 72 hours sayingthat it's working, they're
getting the grants, they'regetting the certificates, and
they're moving forward with it.
So this X-Energy thing isdefinitely moving forward.
So we'll have to I'll I'll makethat an episode of its own.
Because I don't know.
I I assume it's some differenttype of technology of getting
(43:13):
the particles excited to have areaction.
In Virginia, we've signed anagreement with utility company
Dominion Energy to explore thedevelopment of an SMR project
near Dominion's existing NorthAnna nuclear power station.
This will bring at least 300megawatts of power to the
Virginia region, where Dominionprojects that power demand will
(43:37):
increase by 85% over the next 15years.
I'm glad Dominion and Amazonhave come to this exciting
agreement.
To diversify our clean energyoptions from offshore wind
nuclear energy, Virginia is wellpositioned to be a leader in
energy innovation and jobcreation.
(43:58):
I will continue to do all that Ican to make sure that we are
harnessing that opportunity,including by encouraging other
companies to utilize the cleanenergy incentives and the
inflation reduction act that I'mproud to have helped pass.
U.S.
Senator Tim Cain, whichapparently was a Democrat.
(44:18):
So again, it talked aboutbipartisan efforts in this, and
I've talked about that as far asthe military-industrial complex
as well.
That both the Democrats andRepublicans are part of this
energy cabal.
I mean, not all of them,obviously, but like there are
elements within them.
They they're both owned by thesame lobbyist groups and
(44:41):
corporations.
So that's why they're bothworking together instead of
actually helping Americans.
They're just handing over moneyto the rich.
Because that's who a lot of ourrepresentatives actually
represent, is the needs andinterests of the corporations
rather than their constituents.
Which is obvious.
(45:02):
Help helping preserve existingnuclear reactors.
We also previously signed anagreement to co-locate a data
center facility next to TalonEnergy's nuclear facility in
Pennsylvania, which willdirectly power our data centers
with carbon-free energy andhelps preserve the existing
reactor.
(45:23):
So here it talks about how thisis going to increase jobs, a
thousand temporary and a hundredpermanent, and that it could
have 900 local jobs.
Interesting.
The world around us is changingvery quickly.
Advances in artificialintelligence, quantum computing,
(45:44):
and advanced manufacturing standto revolutionize our daily
lives.
But they are also but they alsostand to push our energy needs
beyond anything we've seenbefore.
Virginia is already a leader innuclear energy, which is why I'm
thrilled to see Dominion Energyand partner up to be the next
generations.
Of SMRs, right here at home,Senator Mark Werner.
(46:07):
Warner.
As we continue to create andpreserve these sources of safe
carbon-free energy, we'readdressing the future energy
demands of business and makingprogress toward our
sustainability goals andsupporting local communities
across the country.
Okay, so this is our lastarticle here.
(46:30):
Oh, this is X Energy.
I think.
Next Gen XE100 nuclear reactorsto power Amazon's AI and
carbon-free future.
Amazon unveils popular or plansfor a modular nuclear facility
in Washington to power AI andadvanced carbon-free energy
goals.
A new kind of power surge iscoming and it's not digital.
(46:51):
Amazon is plugging into advancednuclear energy, taking
sustainability goals to a newlevel with the SMR in Washington
called the Cascade AdvancedEnergy Facility.
The project will help reduceAmazon's carbon emissions, power
its operations, da da da.
The facility will also supportthe growing demand for energy
for AI, and partnership withWashington-based Utility Energy
(47:15):
Northwest and SMR developer XEnergy.
Amazon plans to build 12 SMRsnear Columbia Generating Station
in Richland.
The company's first investmentin nuclear technology marks it
calls a new chapter in poweringits operations with carbon-free
energy.
(47:36):
Building a cleaner tomorrow.
SMRs are next generation nuclearreactors that are smaller, safer
than traditional power plants.
(48:08):
The Cascade facility will use XEnergy's XE100 reactor with
initial capacity of 320megawatts, potential to expand a
960.
The support of Amazon hasenabled us to accelerate
progress of our technology, growour team, and position the
(48:29):
Cascade Advanced Energy Facilityas the forefront of energy
innovation.
This project is expected tocreate a thousand jobs.
And to strengthen local talent,Columbia Basin College in Posco,
Washington is launching anenergy learning center with a
simulator that replicates XEnergy's control room.
(48:52):
Investing in advanced trainingsimulators prepares future
operators and builds foundationfor clean energy work that will
power our region for decades tocome.
For Amazon, Cascade is part of abroader effort to add more than
5 gigawatts of nuclear energy tothe US by 2039, enough to power
3.8 million homes.
(49:13):
It also aligns with thecompany's record as the world's
largest corporate purchasepurchaser of renewable energy
since 2020.
So that didn't talk much aboutthe technology.
I'll have to like look into whatX energy like I guess that's the
name of the company, but what'sthe difference between this and
the other SMRs?
(49:34):
I'll have to go and try to findout.
But yeah, so we gave a lot tothink about here, and it's been
very interesting.
Uh still more to talk about, andI'll keep on making some
episodes.
I have a lot of stuff that Ineed to crank out as fast as
possible, but been very busy atwork, and I'm glad to get this
(49:57):
one done.
This was a big project.
So yeah, one done, and uh we'removing on to the next one.