The world needs more nuclear energy in order to decarbonize. However, the regulatory process to building out new nuclear power infrastructure is highly complex. But a new startup believes that artificial intelligence might be able to change that.
What’s happening:
- Atomic Canyon has come out of stealth mode and unveiled Neutron, their artificial intelligence technology platform that is aiming to dramatically accelerate the regulatory pathway to building out new nuclear energy infrastructure
The big idea:
- Neutron is trained on millions of digital documents from the United States Nuclear Regulatory Commission to help navigate the highly complex regulatory process required to build out new nuclear energy facilities
- While all the information from the United States Nuclear Regulatory Commission is publicly available, Neutron is able to rapidly answer critical questions and help guide nuclear power companies through the approval process seamlessly to significantly cut down on inefficiencies
By the numbers:
- Neutron has trained its artificial intelligence model on 52 million pages of publicly available information from the United States Nuclear Regulatory Commission
Why it matters:
- Nuclear power is one of the most important aspects of accelerating decarbonization, but it is also one of the most highly regulated spaces in all of energy due to safety risks and concerns
Going deeper:
- The quest to build out nuclear power plants and nuclear energy infrastructure has led to a race for securing physical uranium supply, spurring recent acquisitions in the public markets for promising high grade uranium deposits
The intrigue:
- The heightened demand for uranium supply globally has even led to countries such as Sweden considering lifting their ban on uranium mining in order to secure energy independence and carbon free power
