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BBCNEWS Talking Business June 4, 2024 15:52:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:52:00

Electricity. nuclear has the ability to scale up over the coming decade really faster than any other way other than relying on petro dictators for fossil fuels. but seth, i'm wondering what sort of timescales are we talking about here? because nuclear power stations notoriously take years to build. and let's be frank, they can cost a fortune. well, what we're talking about when we're talking about keeping plants open that are slated to close soon is something that can be done immediately. and then we could look at plants that have been closed relatively recently, particularly in germany, that ...

BBCNEWS Talking Business June 4, 2024 15:57:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:57:00

Almost unlimited power. are we anywhere close to it? well, the only one we're close to is the sun, and we're getting closer to commercial nuclear fusion. but in terms of reliable, large scale economic production of fusion power, we're probably still a few decades away. well, on that note, seth grae, a real pleasure having you on the show. thanks for your time. and i'd love to talk to you again soon. look forward to it. thank you. well, that's all for this week's show. i hope you enjoyed it. don't forget, you can keep up with all the latest on the global economy on the bbc news website and the ...

BBCNEWS Talking Business June 4, 2024 15:56:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:56:00

We're designing it. we're testing it. we have a strategic relationship with the us government to do this in us government facilities at national laboratories. and this fuel will bring a tremendous increase in power to the existing reactors or new ones. and the fuel also really breaks the chain between anything between nuclear fuel and something that could be used in a nuclear weapon. so this is a fuel that also has tremendous safety advancements and within what's called a design basis, loss of coolant accident, you use the technical term. this fuel won't produce hydrogen, which is what explode...

BBCNEWS Talking Business June 4, 2024 15:51:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:51:00

Nuclear as a green option, and that was well received by companies like the us firm light bridge, which is working on a new form of nuclear energy that it says is safer than ever. and i've been speaking to its chief executive, seth gray. a real pleasure having you on my show. thanks for your time. and seth, let'sjust start with this. just how much is the nuclear industry able to to step up to the challenge of supplying all this extra energy needed if we are to move away from carbon intensive sources? well, i think the nuclear industry can step up more than any other industry. right now, there ...

BBCNEWS Talking Business June 4, 2024 15:55:00 - Vimarsana News

BBCNEWS Talking Business June 4, 2024 15:55:00

You serve uranium ore by far is kazakhstan, one of russia's closest allies? well, in terms of conversion, next year, the united states will reopen a conversion plant in illinois. canada has a lot of conversion, as do several european countries, particularly france. and these are plants that can be expanded, new plants can be built. i don't think relying on russia for conversion is something that will prevent the growth of the nuclear power industry at all. seth, i want to talk to you about your company, light bridge. bear with me here because it specialises in making more efficient nuclear fue...