WEBVTT 1 00:00:00.180 --> 00:00:01.170 Fill in the blank. 2 00:00:01.170 --> 00:00:04.500 "The biggest obstacle to new nuclear is__." 3 00:00:04.500 --> 00:00:06.540 I'll start with what it's not. 4 00:00:06.540 --> 00:00:10.020 It's not about more safety. 5 00:00:10.020 --> 00:00:11.850 It's not about a new, 6 00:00:11.850 --> 00:00:14.970 innovative, completely different design. 7 00:00:14.970 --> 00:00:17.580 It's not about the public support. 8 00:00:17.580 --> 00:00:20.700 There's actually a lot of public support, in particular now. 9 00:00:20.700 --> 00:00:23.880 It is about going back to the fundamentals. 10 00:00:23.880 --> 00:00:27.900 Strong project management, support to your supply chain, 11 00:00:27.900 --> 00:00:31.290 collaboration between all the key players, 12 00:00:31.290 --> 00:00:33.000 and design simplicity. 13 00:00:33.000 --> 00:00:34.920 We need project management expertise, 14 00:00:34.920 --> 00:00:37.560 people who have done this across many different industries 15 00:00:37.560 --> 00:00:38.880 and know how to do it well. 16 00:00:38.880 --> 00:00:40.740 Supporting the supply chain? 17 00:00:40.740 --> 00:00:43.470 It's give visibility to the supply chain. 18 00:00:43.470 --> 00:00:45.030 Give visibility into an order book, 19 00:00:45.030 --> 00:00:46.740 so that people can make the investments. 20 00:00:46.740 --> 00:00:48.840 Public support is warranted here. 21 00:00:48.840 --> 00:00:51.000 It creates good manufacturing jobs 22 00:00:51.000 --> 00:00:53.100 that so many countries are really looking for. 23 00:00:53.100 --> 00:00:55.200 Bringing the collaboration, 24 00:00:55.200 --> 00:00:58.500 it's bringing the players together, the tier one suppliers 25 00:00:58.500 --> 00:01:01.080 with the developers, operators together. 26 00:01:01.080 --> 00:01:04.770 Focus everyone on the outcomes and the incentives, 27 00:01:04.770 --> 00:01:08.910 positives and negatives, on the overall project success 28 00:01:08.910 --> 00:01:11.220 as opposed to individual milestones. 29 00:01:11.220 --> 00:01:13.770 Finally, on the design, it's really about the simplicity. 30 00:01:13.770 --> 00:01:16.950 Not the extra complexity, the extra new idea 31 00:01:16.950 --> 00:01:20.340 that's going to be revolutionary, but in fact is complicated 32 00:01:20.340 --> 00:01:23.100 and creates downstream implications and delays. 33 00:01:23.100 --> 00:01:25.110 We have to go back to those fundamentals. 34 00:01:25.110 --> 00:01:27.810 If we want nuclear to be a significant part 35 00:01:27.810 --> 00:01:31.410 of the answer for climate, it's critical that we build 36 00:01:31.410 --> 00:01:34.535 new nuclear well, as we have done in the past. 37 00:01:34.535 --> 00:01:37.285 (pleasant music)