Robert G. Eccles was a tenured professor at the Harvard Business School. He is now with Said Business School at the University of Oxford. He was the founding chairman of the Sustainability Accounting Standards Board.
This Spring I attended a private conference on the energy transition that was hosted by a major bank. There I learned more about small modular reactors . This is a promising new nuclear technology for delivering carbon-free, baseload power to meet the world’s increasing energy needs.SMRs are proving to be of crucial interest to the tech community which is focused on developing AI capabilities. AI is an insatiable energy beast.
Microsoft has set the most ambitious targets in this group and is even more ambitious than a net-zero by 2030 goal. It has“to remove from the atmosphere an equivalent amount of all the carbon dioxide our company has emitted either directly or by our electricity consumption since we were founded in 1975.”
Microsoft has also committed to be a leader in supporting SMR technology deployment as they see the importance for dealing with climate change and meeting Microsoft’s net-zero targets via SMRs. Satya Nadella, Chairman and CEO of Microsoft,that “the company is looking for a Principal Program Manager, Nuclear Technology, who will be responsible for maturing and implementing a global Small Modular Reactor and microreactor energy strategy.
One hurdle facing Microsoft is perceptions about nuclear power. Today there is a legacy of suspicion about nuclear power, heightened by well-known disasters such as the March 11, 2011, Fukushima Daiichi Nuclear Power Plant in Japan and the April 26, 1986, Chernobyl Nuclear Power Plant in Ukraine.
Based on these facts, I think public perception is a relatively minor hurdle to overcome. The much bigger one is whether the right SMR technology is available. Nathalie Volt ofof the technologies and markets for five of the leading SMR companies: NuScale Power, TerraPower, Westinghouse Electric Company, BWXT Technologies, and Kairos Power.Here is a brief description of what I could learn about each one based on information in the public domain.started R&D in 2002.
Artificial Intelligence Data Centers Microsoft Satya Nadella Melanie Nakagawa Nuscale Power ENTRA1 Renewable Energy United States Nuclear Regulatory Commission
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