Nuclear power is the key to a future of abundant, clean and reliable energy for everyone. Nuclear power today provides about 20% of US grid power and 10% internationally. The world has broadly recognized nuclear’s vital role as a source of firm and reliable clean power and, at COP 28 in Dubai, twenty-four countries pledged to triple their nuclear power.  Already, governments and industry have actively begun the process of laying the foundation to accelerate new deployments.

Meeting this tripling goal means that many utilities will begin building more traditional, 1 Gigawatt-sized, grid-scale Gen III designs. Yet, today’s energy markets have engaged many non-utility players deciding their own energy strategy. We’re already seeing widespread interest in and demand for smaller Gen IV plants which will be available in sizes ranging from sub-megawatt on up to hundreds of megawatts. These advanced designs will provide a range of advanced features such as the ability to use nuclear waste as fuel, produce higher-temperature heat for industrial process heat purposes, and pair generation with heat storage that can make them far more energy efficient, cost-effective and affordable.

Advanced nuclear plants will generally be smaller, modular and factory manufactured, then shipped in components to build sites, where they will be installed in record time. Their innately safe designs (that don’t require water cooling) will mean less engineered safety, so balance of plant needs are reduced, as will be their financing costs. At the same time, they will operate at close to 100% capacity for decades. Some can be deployed at retiring coal or gas plants, reuse the turbines, generators and transmission lines to produce significant cost-savings.

Advanced nuclear’s availability will mean that we can continue to install wind and solar as fast as possible, and deploy advanced nuclear as the source of reliable base load power, so as to eliminate reliance on either natural gas or batteries for back-up and provide the clean and reliable 24/7 power that most customers need.

Nuclear is being embraced on a bipartisan basis and finally, after more than 60 years of commercial availability of light water reactors, nuclear fission is being re-imagined so as to not need water cooling. This means that advanced nuclear makes nuclear power suitable for a broader swath of energy buyers beyond utilities.

Sadly, very few people and fewer investors know anything about nuclear power or are paying attention to the role it has and increasingly will play in our energy systems. Even fewer have any understanding of the status of nuclear innovation and its transformation into a tech sector. They may not even know the difference between nuclear fission and nuclear fusion. But Nucleation Capital does and we use our expertise in this arena to enable our investors to get access to the best ventures we can find, with the best chances of succeeding.

We also have a keen understanding of the climate crises and dearth of even remotely viable carbon-free alternatives to fossil fuels. Which is why we believe that within a few years, next-generation nuclear will emerge as the “technological black swan” that appears out of nowhere to finally break fossil fuels’ lethal grip on global energy. Everyone will want to invest at that point. Which is why we are proud to invite you to stake a direct claim—alongside billionaires like Bill Gates and Peter Thiel—and invest with Nucleation Capital into the ventures innovating to solve climate change before the rest of the world catches on.