Jigar Shah on the Three Big Things Driving the Nuclear Energy Revival
Earlier this month, we got the surprising headline that the shuttered nuclear reactor at Three Mile Island will be restarted. Of course, Three Mile Island was the site of a famous disaster in 1979 — one of the incidents that contributed to the US pulling back on the construction of new nuclear plants. This particular reactor was shuttered in 2019, when the economics of it no longer made sense. So why the restart? And why is there generally more interest and excitement about nuclear than there has been in years? On this episode of the podcast, we speak with Jigar Shah, the head of the Loan Programs Office at the Department of Energy. We talk about the big drivers both in terms of policy and economic conditions that have created this renaissance.
Read More:
Microsoft AI Needs So Much Power It's Tapping Site of US Nuclear Meltdown
Microsoft to Pay Hefty Price for Three Mile Island Clean Power
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
Jigar Shah on the Pathway to Clean, Cheap, and Abundant Energy
Jigar Shah is the head of the Loan Programs Office at the Department of Energy and thanks to the Inflation Reduction Act, he has hundreds of billions of dollars to lend to companies to accelerate the commercialization of clean energy technologies. The office has already been extremely active over the past year, and there's lots more to come. In this special episode of the podcast that was recorded live at the Texas Tribune Festival in Austin, Texas, we discuss his office's strategy and what it will take to achieve the clean, cheap energy system that so many people want. We also discuss specific industries, including nuclear power, and what it will take to build momentum towards more deployment.
See omnystudio.com/listener for privacy information.
Jigar Shah Just Became One of the Most Important Players in the Energy Transition
Jigar Shah is the director of the loan office at the Department of Energy. For years, this division has had a modest amount of money, which it used to provide financing to promising projects in energy technology. With the passage of the Inflation Reduction Act, the loan office now has hundreds of billions of dollars at its disposal in order to build up US energy supply and accelerate the shift to renewables. We talked Jigar about how he plans to scale up his office and deploy that money in a productive way. Recorded on September 7th, 2022.
See omnystudio.com/listener for privacy information.
Jigar Shah on the DOE's Role In Accelerating The Energy Transition
The situation in energy right now seems bleak. But while everyone is focused on the high price of gasoline, or the frailty of the electrical grid, advances are still being made to decarbonize, and make our energy system more robust. It's jut not getting as much attention right now. But what can the public sector do to accelerate this process? On this episode of the podcast, we speak with Jigar Shah, the Director of the Loan Programs Office at the DOE, about the frailties of the existing energy system, and how they're working to accelerate the fix.
See omnystudio.com/listener for privacy information.
