“I am so tired of people asking me how we’re going to solve the financing problem in nuclear. I have 300 billion in loans that nobody wants because we don’t have projects to finance. I need utilities to place orders for reactors, and I am happy to give them low-cost loans to finance that development.”

“The Office of Clean Energy Demonstrations was born out of the Infrastructure Act. We oversee more than 25 billion in clean energy technology. We transferred over to this new office from the Office of Nuclear Energy, two advanced reactor demonstration projects, the X-energy project and TerraPower Natrium project.”

“So, I just sit here at the Investing in Advanced Nuclear Energy conference and listen to a whole bunch of experts who were brilliant, every single one of them. I agree, I think, with everything that was said.”

Excerpted remarks at “Investing in Advanced Nuclear Energy,” hosted in New York by EPRI, EEI, NEI, Guggenheim Securities, Nuclear Innovation Alliance.

“You now can start to map and understand in real time what’s happening across the distribution grid to make things more efficient for the end consumer and utility. We can save natural resources; we can reduce costs of operation.”

“We must focus on distribution, specifically undergrounding and other grid hardening efforts. We need to be prepared as an industry. We are extremely focused on innovating an intelligent, resilient grid that can mitigate and recover.”

“We have transformed PSM into a global business, where we can tackle, within the constraints perhaps of certain fleets, the entire gas turbine engine. That’s what I’m proud of.”

Conversations with Power Systems Manufacturing President Alex Hoffs, S&C Electric CEO Anders Sjoelin, and Itron CEO Tom Deitrich.

“Globally, we are the fourth largest renewable supplier in the world. In the U.S., we have more than 8 GW of operational utility-scale wind and solar capacity. That’s almost 5% of the entire market. Both are growing exponentially year-over-year.”

“We always start with the customer and find ways to enhance that experience through the cloud. Utilities look to the cloud because they can quickly spin up resources as they need them and only pay for what is used, similar to a pay-as-you-go model.”