Brian led business development at Reach Labs to deliver long-range wireless power in industrial, asset management, and supply chain applications.
He founded UtilityScore (a software company backed by Y Combinator) which provided homebuyers with estimates for their utility costs.
Gitt was the CEO of a consulting firm (acquired by Frontier Energy) specializing in clean energy to commercialize new technology in buildings, vehicles, and power plants.
Brian was the Executive Director of Build It Green (nonprofit) to mainstream green building, where I built a network of 2,500 building industry stakeholders (included contractors, suppliers, realtors, lenders, utilities, and public agencies.)
Brian told me that he “lost 20 years of his life” backing the wrong energy – solar. He know believes nuclear and natural gas have the brightest future in the 2020’s decade.
In this episode, Brian and I talked about innovation in nuclear technology. We went over SMRs, thorium reactors, spent nuclear fuel reactors and others.
Brian told me that he doesn’t think hydrogen can dethrone nuclear and that the energy mix will be made up of many different forms of energy including all of the above, and nuclear.
We got to discuss whether solar is better than nuclear and whether nuclear really is as expensive and dangerous as the media would like us to believe. Short answer: it is not. Nuclear is the cheapest form of energy and also one of the safest ones. Beating wind and solar in both of those races.
Antonio Atanasov is not an investment advisor. Antonio Atanasov owns shares of companies mentioned in this publication. The information provided in this publication – and all other publications by Resource Talks – is impersonal in nature and meant for general information purposes only. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Get numerous opinions before taking your own decision in the end. The minimum risk on any investment mentioned in this publication is 100% loss of capital.
Shortly: you will lose all of your money and possibly most of your brain cells if you listen to talking heads on the internet. Especially if they have orange hair and no experience (me).
Readers are cautioned that this presentation likely contains forward-looking statements about expected future events and the financial and operating performance of any companies potentially discussed herein. Reality often varies from people’s expectations. Managements like over-promising and under-delivering. If a manager was speaking in here, beware. Readers are encouraged to read the Cautionary Note on Forward-Looking Information and to consult the Company’s Annual Information Form, which is available on www.sedar.com. Reading the full disclaimer on the disclaimer page on this website is mandatory.
00:00 Important warning
01:00 Who is Brian Gitt?
06:00 Why did Brian change his mind on nuclear & nat gas?
11:50 The reality of solar & batteries
15:15 What’s the problem with SMRs?
17:30 When do SMRs become mainstream?
21:20 What is holding SMRs back?
27:50 Is it too early to invest in SMRs?
30:50 Are SMRs a “when” or an “if” question?
33:00 Will SMRs eat uranium’s lunch?
34:30 Are emerging countries going to be quicker to regulate thorium reactors?
38:00 Is hydrogen a viable source of energy?
41:30 Can something eat uranium’s lunch in the next 10 years?
46:15 Germany’s energy problems & possible solutions
52:30 Why nuclear always beats solar & wind
01:10:00 Closing thoughts
Was there something wrong with what the guest said? Did I fail to ask an important question? Did I make a mistake in my reporting? Please tell me about it. Criticism and skepticism are highly welcome and help me learn. Thank you.