I have to admit I’m not an expert on SMRs. My understanding is that uranium itself isn’t the main issue. the bigger constraints are fuel processing, costs, licensing, and time. So I don’t see SMRs scaling fast enough to materially affect the 2028 gas thesis.
No it doesn't. I don't care how you try to spin it, the US is not going to run out of natural gas anytime soon let alone in two years. The idea is too ridiculous to even consider debunking. If you know anything about natgas in North America you should know there is such a stupendous amount of economically feasible and easily deliverable gas that the notion is absurd. They just FID'd another 5bcf/d a day of egress in the Permian or two ago. A lot of the US shale bears that correctly point out the coming peak and plateau forget that the oil will be replaced by growing volumes of gas and NGLs. You will not witness the gas run out in your lifetime.
Looking forward to part 2!
Do you believe SMRs are not scalable as Matthew said?
I have to admit I’m not an expert on SMRs. My understanding is that uranium itself isn’t the main issue. the bigger constraints are fuel processing, costs, licensing, and time. So I don’t see SMRs scaling fast enough to materially affect the 2028 gas thesis.
No it doesn't. I don't care how you try to spin it, the US is not going to run out of natural gas anytime soon let alone in two years. The idea is too ridiculous to even consider debunking. If you know anything about natgas in North America you should know there is such a stupendous amount of economically feasible and easily deliverable gas that the notion is absurd. They just FID'd another 5bcf/d a day of egress in the Permian or two ago. A lot of the US shale bears that correctly point out the coming peak and plateau forget that the oil will be replaced by growing volumes of gas and NGLs. You will not witness the gas run out in your lifetime.