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New report shows nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions

New report shows nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions

LucidCatalyst and Lloyd's Register for Seaspan London, UK November 26, 2025 A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and economic competitiveness. The findings are drawn from a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation Pte. Ltd . The report examines the technical, economic, and regulatory potential of integrating small modular reactors (SMRs) into the containership fleet. LucidCatalyst performed a comprehensive analysis of the costs and benefits for Seaspan's business model and collaboratively developed requirements that, if met, would create significant value. For vessel operators, nuclear-powered vessels eliminate their largest operating costs, up to $50 million annually in bunker fuel and an estimated $18 million in carbon penalties. According to the analysis, a single 15,000 TEU nuclear-powered containership operating at 25 knots (39% faster than conventional vessels) could deliver up to 38% higher annual cargo capacity compared to conventionally fuelled vessels through a combination of increased speed (enabling 6.3 versus 5 round voyages annually) and 5% additional container space from the elimination of fuel tanks and systems. The report highlights that translating these requirements into a rigorous, requirements-led supply chain and procurement strategy, through a cross-industry consortium, is essential for widespread success. If industry pledges to purchase more than 1,000 units in 10–15 years, it estimates that modular reactors could be produced for US$750–1,000 per kilowatt, significantly cheaper than conventional nuclear power plants, and maintained within standard vessel drydock cycles. Each unit would be designed to operate for around five years between refuelling, drastically reducing downtime and providing independence from global bunkering networks. Eric Ingersoll, Managing Partner at LucidCatalyst. The study outlines a roadmap showing how manufactured nuclear propulsion units could reach commercial readiness within four years of starting an intensive program, with total system costs below $4,000/kW and fuel costs under $50/MWh. Market modelling indicates potential uptake of 40–90 GW by 2050, depending on regulatory progress and industry adoption. The findings also point to best practices for designing a competitive supply chain that provides depth of supply, competition on price and performance, and avoids vendor ‘lock-in’, as well as innovative reactor and fuel-leasing models that could help shipowners and operators manage upfront costs while maintaining safety and regulatory compliance. The report forms the first phase of a three-part programme. The next stage will focus on concept design and regulatory readiness, including engagement with shipyards, port authorities, and nuclear regulators. A final phase will create a detailed implementation roadmap, outlining risk management, certification, and investment strategies for large-scale deployment. Meg Dowling, Senior Engineer – Nuclear Technology and Alternative Fuels, Lloyd’s Register, said: “The energy transition and long-term sustainability challenges of shipping demands long-term solutions that can scale. Nuclear propulsion offers not just a decarbonised solution, but a transformative economic opportunity for shipowners and charterers alike. The results of this research give us a strong foundation to define how systems can be integrated within the commercial fleet to provide a credible pathway towards safe, commercially viable, zero-emission shipping.” Peter Jackson, Chief Technology Officer at Seaspan Corporation Pte. Ltd., said: “As part of our ongoing efforts to find safe and commercially viable energy transition pathways, we have partnered with LR and Lucid Catalyst to explore nuclear propulsion for containerships. Small Modular Reactors (SMR’s) is a very exciting technology offering several desirable benefits for shipowners and operators, as outlined in this report. Naturally there are challenges to overcome, but I am confident that ongoing work in this area and studies like this will soon allow nuclear powered containerships to be operating safely, economically, and emission free.” Eric Ingersoll, Managing Partner, LucidCatalyst , said: “Nuclear propulsion transforms shipping economics, not just emissions. Our analysis shows that nuclear-powered containerships will likely outcompete conventionally fuelled and green fuelled competitors—dominating their trading routes through superior performance without requiring green premiums. The key to unlocking this advantage is organising the market through sophisticated supply chain and technology strategies. By forming a cross-industry consortium, we can build a responsive supply chain and achieve competitive reactor costs, making nuclear the economically optimal choice for shipowners and charterers alike.” --------------- > LucidCatalyst recently delivered the study, "A new nuclear world: how small modular reactors (SMRs) can power industry," commissioned by Urenco and published 13 November 2025. To read that study, click here .

Antonio Vaya Soler of LucidCatalyst will participate in NEA's "Initial Estimation of Backend Costs for Advanced Reactors and Small Modular Reactors" Workshop, Nov. 18th in Paris.

Antonio Vaya Soler of LucidCatalyst will participate in NEA's "Initial Estimation of Backend Costs for Advanced Reactors and Small Modular Reactors" Workshop, Nov. 18th in Paris.

Nuclear Energy Agency NEA Headquarters, Boulogne-Billancourt, Paris November 18th, 2025, 16:50 CET Antonio Vaya Soler, Manager, at LucidCatalyst , will participate in the " Panel discussion on SMR/Gen IV technologies and generic cost estimation for waste management strategies (waste management, spent fuel management, and decommissioning waste management) " on the first day of the NEA's "Initial Estimation of Backend Costs for Advanced Reactors and Small Modular Reactors" workshop . The panel, taking place during Session 4 on Day 1, will be chaired by Peter Stoltz, Head of Unit, Nuclear Waste Financing at the Swedish National Debt Office. Antonio will be joined in the panel discussion by Bruce Montgomery, Director Decommissioning and Used Fuel at Nuclear Energy Institute (NEI), Valentyn Bykov, Project Manager, Decommissioning and Disposal at Swissnuclear, and Linus van Ginhoven, Business Development Manager at Blykalla. > You can view the full workshop agenda in the programme, located here . Workshop Objectives: Pioneering discussion forum: Create the first-ever collaborative space where experts can tackle the unique challenges of decommissioning cost estimation for next-generation nuclear technologies, exploring how novel fuels, designs and waste streams reshape our traditional approaches, with the aim to inform future ideas for work across industry and for diverse stakeholders. Cross-industry strategic dialogue: Facilitate dynamic conversations among stakeholders that go beyond technical aspects to address critical regulatory requirements and financial assurance mechanisms—questions that will determine the economic viability of these technologies. Decoding SMR/GEN IV complexity: Unpack the distinctive features of small modular reactors and Generation IV designs to reveal how these innovations fundamentally alter backend management strategies, identifying crucial questions that must be answered to develop reliable cost estimation methods. Learning from history to shape the future: Critically examine lessons from traditional nuclear decommissioning projects to prevent repeating costly mistakes and create more efficient pathways for emerging technologies. Bridging divides among stakeholders: Foster earlier and more meaningful collaboration between technology vendors and the decommissioning community, ensuring end-of-life considerations influence designs from the earliest development stages. Navigating the regulatory landscape: Illuminate how existing regulatory frameworks should inform early SMR/Gen IV development decisions, with special focus on streamlining licensing processes, decommissioning planning, and establishing appropriate financial guarantees.

New study from LucidCatalyst shows significant potential market for SMRs providing net zero solution for 80% of industrial energy use

New study from LucidCatalyst shows significant potential market for SMRs providing net zero solution for 80% of industrial energy use

LucidCatalyst Study for Urenco London, UK November 13, 2025 LucidCatalyst presents a new study, “A new nuclear world: how small modular reactors can power industry.” The study has been published by Urenco, who commissioned LucidCatalyst to produce it to further industry understanding of this evolving market. The report is supported by World Nuclear Association. It analyzes the energy demands of 11 industries representing 80% of industrial energy use, going beyond data centers to examine where SMRs can make a tangible impact on industrial energy delivery, and quantifies how changes in delivery models and market drivers can expand SMR market access. >Read the Full Report The study sets out how the full potential of the SMR market in the industrial energy space can be unlocked, representing a $0.5–1.5 trillion investment opportunity, as energy-intensive sectors face mounting pressure to secure reliable, cost-competitive energy whilst meeting decarbonization commitments. The key findings of the study include that: SMRs could reach 700GW of capacity by 2050 (under the Transformation Scenario involving factory style mass manufacturing approaches to constructing SMRs). This sizable opportunity, representing nearly double the current global nuclear capacity, and would expand nuclear capacity beyond the projected goal to triple conventional deployment. Simultaneous improvements across six areas of delivery would enable this outcome: a ‘product-based’ approach to manufacturing and licensing, freeing up sites for SMRs; stronger policy and financing support, and a more mature reactor developer environment. The top five industries representing more than 75% of the 700GW opportunity are: synthetic fuels for aviation and maritime, coal repowering, data centers, and chemicals. Other sectors such as food and beverage (43 GW), iron and steel (33 GW) and district energy (33 GW) also represent sizable opportunities, with district energy demand being more prevalent in Europe. Upstream oil and gas is a more prevalent opportunity in North America. With improvements to current construction methods alone, 120GW of capacity could still be achieved by 2050 (under the Programmatic scenario, involving enhanced Government support and improved project management). Boris Schucht, Chief Executive of Urenco Group , said: “Decarbonising industry presents a tremendous challenge that we must all embrace if we are to achieve net zero by 2050 or sooner." “We believe the new-nuclear SMR market holds one of the solutions to this problem: flexible, adaptable technologies that can produce clean energy consistently and affordably." “This study acknowledges that with a strong focus on enabling delivery, SMRs can be maximised to their fullest and most competitive potential, significantly enhancing the ability of the nuclear industry to make an important contribution to energy security and net zero goals.” Kirsty Gogan, Managing Partner of Lucid Catalyst , said: "We're witnessing a transformation in how nuclear energy services can be delivered to industrial customers. The innovations in manufacturing, licensing, and siting that this study identifies as being critical for enabling scale are already emerging in the market. With the right policy support and industry coordination across six critical areas, small modular reactors can provide a net-zero solution for energy-intensive industries requiring highly reliable, competitive, and scalable, emissions-free heat and power." King Lee, Head of Policy & Industry Engagement at World Nuclear Association , said: “This study highlights the scale of opportunity for nuclear energy to support decarbonisation of a wide range of industrial sectors. To realise the full potential of nuclear energy would require new regulatory frameworks and production and deployment models to unlock the economy and scale of implementation far beyond current projections.”

LucidCatalyst's Antonio Vaya Soler presented Key Findings from an Upcoming Study on the Market Potential of SMRS during World Nuclear Exhibition 2025

LucidCatalyst's Antonio Vaya Soler presented Key Findings from an Upcoming Study on the Market Potential of SMRS during World Nuclear Exhibition 2025

World Nuclear Exhibition 2025 Paris, France November 4, 2025 During the WNE 2025, Antonio Vaya Soler, presented with Magnus Mori the key findings of LucidCatalyst's upcoming study on the market potential of SMRs to repower industry. This study is a collaboration between Urenco Global and LucidCatalyst. Antonio has described the report below: " From its inception, it was clear we needed to go beyond simply describing and sizing the opportunity. We set out to create a tool to empower the entire industrial ecosystem - from energy users and policymakers to nuclear vendors and investors - giving them a lens to understand SMR market dynamics and what’s really needed to make this opportunity a reality. " The report not only quantifies the potential SMR market in North America and Europe through 2050, but also identifies the underlying drivers that shape it, enabling stakeholders to connect specific actions and market conditions with concrete outcomes. The full study will be released next week at COP30 Brazil, so stay tuned! Preliminary findings available here .

LucidCatalyst's Michael Drury at IET's "The Role of Nuclear Energy in the Energy Transition" Webinar

LucidCatalyst's Michael Drury at IET's "The Role of Nuclear Energy in the Energy Transition" Webinar

Institution of Engineering and Technology Online Webinar October 24th, 2025 LucidCatalyst's Managing Director, Michael Drury, recently presented at "The Role of Nuclear Energy in the Energy Transition" webinar on behalf of LucidCatalyst and the Institution of Engineering and Technology (IET) . It was a small teaser of some fascinating new insights into nuclear deployment, industrial demand and the market drivers that could totally reshape the energy landscape. A copy of the full report for "A New Nuclear World: How Small Modular Reactors Can Power Industry" will be out soon. Watch this space and checkout the preliminary findings.

Co-Founder, Eric Ingersoll, at the Westminster Energy, Environment & Transport Forum: Next steps for the UK nuclear industry - policy, regulation and market development

Co-Founder, Eric Ingersoll, at the Westminster Energy, Environment & Transport Forum: Next steps for the UK nuclear industry - policy, regulation and market development

Westminster EETF Online Seminar October 23rd, 2025. Eric Ingersoll, Co-Founder and Managing Partner at LucidCatalyst, spoke at the Westminster Energy, Environment & Transport Forum's policy conference, "Next steps for the UK nuclear industry - policy, regulation and market development," giving an address for the seminar: "Nuclear sector development and investment - regulation, financing models and strategic priorities." After the event, Eric summarized his thoughts below: The Grid We Already Have: A £200 Billion Question " Yesterday at the Westminster Energy, Environment & Transport Forum's Nuclear 25 conference, I had the privilege of addressing a critical but often overlooked aspect of the UK's net zero transition: our existing transmission infrastructure " The Opportunity Hiding in Plain Sight " The UK has ~30 GW of retired coal and nuclear sites with existing grid connections—transmission infrastructure that took decades to build and is fully permitted. If we convert these sites to high-capacity factor generation (85-90%), they could deliver: 240 TWh annually 100% of the electricity demand increase needed by 2035 75% of the increase required by 2050 ...using transmission infrastructure we already have" The Alternative Path "Current net zero scenarios require £150-200 billion in new transmission investment, plus £100+ billion for distribution networks. Every megawatt-hour we place on existing infrastructure is one that doesn't require new transmission build-out. " Creating an Efficient Market "We figured this out for offshore wind. We can apply the same principles to nuclear: 1. Sites - Government proactively licenses and permits former thermal sites for new generation 2. Procurement - Competitive auctions that value system benefits: firm capacity, existing transmission use, reduced storage needs 3. Risk allocation - Government handles site licensing and regulatory certainty; private sector handles technology deployment and operations " The Core Question " High-capacity factor baseload generation on existing transmission maximizes the value of assets we've already paid for. We can't create new 400kV transmission routes overnight—planning alone takes 10-15 years. The grid we already have is a precious, scarce resource. Will we create a market framework that values using it effectively? Britain became the first G7 nation to phase out coal. Now we have the opportunity to show the world how to phase in zero-carbon replacements—intelligently and efficiently. The sites are there. The transmission capacity is there. The question is whether we'll be smart enough to use them." Eric and LucidCatalyst are grateful to the Westminster Energy Forum for the platform, and to the panel colleagues including Alex Minhinick (Burges Salmon), Jasbir Singh Sidhu (Nuclear Capital), Councillor Richard Rout (Suffolk County Council), Johnathan Reynolds (Opergy), and Chris Ashton Holt (EY) for the robust discussion that followed.

Managing Director, Michael Drury Presented at the Data Centre Alliance's Data Centre Transformation Conference

Managing Director, Michael Drury Presented at the Data Centre Alliance's Data Centre Transformation Conference

Data Centre Transformation Conference 2025 Birmingham, UK October 21st, 2025 Our Managing Director, Michael Drury recently presented at the Data Transformation Conference hosted by The DCA - Data Centre Alliance . The annual conference took place at the Institution of Engineering and Technology (IET)  Birmingham location. The conference enabled a plethora of learning; about detailed city specific market trends for data centres, technology development for optimising them, along with data centre construction and operation. Government provided key information on what’s new in the policy landscape with an updated National Policy Statement imminent for the UK. Predictions for the future were compelling: debating the impacts of quantum compute, power provision and the ever-growing use of AI. Interestingly more and more nuclear was on the agenda with several nuclear companies presenting on stage or being included in the presentations of non-nuclear presenters. There is still plenty of development to do in regards to awareness and information sharing for the nuclear industry, but traction and visibility beyond grid only applications is gaining! It was a great conference and a great opportunity to have Michael on a panel session about overcoming the hurdles of SMR deployment in the UK, representing LucidCatalyst  alongside copenhagen atomics , Last Energy  and Floral Energy .

LucidCatalyst's Antonio Vaya Soler Presents at NEA's "SMRs for Replacing Coal" Webinar

LucidCatalyst's Antonio Vaya Soler Presents at NEA's "SMRs for Replacing Coal" Webinar

Nuclear Energy Agency Online Webinar November 12th, 2025, 15:00-16:10 CET This event has passed. You can watch Antonio's presentation HERE , or on the NEA website. Antonio Vaya Soler , Manager at LucidCatalyst, will present at the NEA's " SMRs for Replacing Coal: Opportunities and Challenges for Small Modular Reactors " webinar. Antonio will present at 15:30 CET on the LucidCatalyst Coal to Nuclear Initiative. You can register for the event here . This webinar is being held in conjunction with the release of the NEA's recent report: SMRs for Replacing Coal: Opportunities and Challenges for Small Modular Reactors . Programme 15:00 – Opening remarks and welcome Diane Cameron, Head of Division of Nuclear Technology Development and Economics, NEA 15:10 – Report introduction Jordan Cox, Data Analyst, Division of Nuclear Technology Development and Economics, NEA 15:30 – Presentation: Lucid Catalyst coal to nuclear initiative Antonio Vaya Soler, Manager, Lucid Catalyst 15:45 – Presentation: The case for India in coal to nuclear transitions Dr Rahul Tongia, FNAE India 15:55 – Q&A moderated by Jordan Cox, NEA

Kirsty Gogan and Industry Leaders Discuss the Future of Small & Advanced Reactors

Kirsty Gogan and Industry Leaders Discuss the Future of Small & Advanced Reactors

Nuclear Supply Chain Summit 2025 London, UK October 21, 2025 Kirsty Gogan, Managing Partner at LucidCatalyst and Founding Director and Co-CEO of Terra Praxis, spoke at the Nuclear Supply Chain Summit 2025 about the transformative potential of small and advanced modular reactors. Her insights underscore the urgent need for industry-wide collaboration and innovation to unlock the trillion-dollar market opportunity in nuclear energy. During the Nuclear Supply Chain Summit 2025, held by the NucCol in London, Kirsty Gogan moderated the panel "Small & Advanced Modular Reactors," chaired by Tom Greatrex, CEO of the Nuclear Industry Association. She was joined on the panel by key industry leaders: Rory O'Neill from Westinghouse Electric Company, Leon Flexman from X-energy, Harry Keeling of Rolls-Royce SMR, and André Steenhuis from Allseas Engineering. In her remarks, Kirsty highlighted the critical opportunity we face: nearly 700 GW of accessible industrial market demand by 2050, representing hundreds of billions in investment, with major players already making commitments to nuclear-powered solutions. She emphasized that traditional delivery methods are insufficient to meet industry needs, and that the future lies in shift toward manufacturing-based delivery and mass production—transformations already demonstrated by aerospace and automotive industries. Kirsty's insights underscored the importance of transforming supply chains to support this evolution: from standardizing components at scale, adopting automated manufacturing processes, to coordinating across six critical drivers—delivery innovation, regulatory evolution, economic viability, site availability, capital access, and developer ecosystem. Time is of the essence; the next five years are pivotal for proving that these new delivery models can meet industrial procurement requirements. Her call to action was clear: think programmatically, prepare for manufacturing, collaborate across ecosystems, and demonstrate excellence now. The success of this transformation will shape the future of nuclear energy and open up a trillion-dollar market opportunity. --------------------------------------------------------------------------------------------------------------------------- Kirsty Gogan's full remarks from the Nuclear Supply Chain Summit 2025: "Good morning, and thank you for the opportunity to speak at this critical gathering of nuclear supply chain leaders. We're at an inflection point. The nuclear industry stands on the threshold of extraordinary growth—not the incremental kind we've hoped for in the past, but transformational expansion that could reshape global energy markets. But whether we seize this moment or watch it slip away depends entirely on decisions being made right now about how we build nuclear projects." The Market Reality "Let me start with the opportunity. Our analysis for Urenco identifies nearly 700 GW of accessible industrial market demand by 2050—that's approximately 2,300 reactors serving critical sectors like data centers, chemicals, sustainable aviation fuels, and coal repowering. This represents between half a trillion and 1.5 trillion dollars in investment opportunity. And this isn't wishful thinking. Major industrial energy users are already making commitments: Microsoft partnering with Constellation to restart Three Mile Island, Google working with Kairos Power for deployment by 2030, Dow Chemical planning SMRs at their Texas facility. These companies need hundreds of gigawatts of clean, reliable baseload power, and they're concluding that nuclear may be the only technology that can actually deliver it." The Uncomfortable Truth "Under current delivery approaches, we'll capture almost none of this market." Why Current Approaches Won't Scale "Today's nuclear industry is on track to deploy less than 10 GW globally by 2050—less than 2% of the accessible market opportunity. Why? Because industrial customers don't buy nuclear projects the way we've traditionally delivered them. Industrial procurement requires three things we currently cannot provide: - Fixed-price contracts with minimal exposure to cost overruns - Predictable schedules that fit within capital planning cycles - Proven operational performance with established track records Traditional construction-based delivery—even with the best project management—fundamentally cannot meet these requirements. When every project is a bespoke engineering exercise, when schedules stretch across decades, and when final costs remain uncertain until completion, industrial customers simply cannot justify the investment." The Programmatic Pathway "This is where programmatic delivery becomes essential—and where the companies represented on this panel are leading the way. Programmatic delivery—through sustained government support, standardized design certification, and improved project management—can achieve what current approaches cannot. Our analysis shows this can expand deployment to 120 GW by 2050, a 16-fold increase from today's trajectory. More importantly, programmatic approaches can achieve the cost and schedule predictability that industrial customers demand. By standardizing designs, establishing proven supply chains, and building multiple units in series, we can reduce costs from over $100/MWh to the $90-125/MWh range while dramatically improving schedule certainty." We Must Think Beyond Programmatic "Yet, I want to challenge us to think even bigger because programmatic delivery, while essential, still leaves 80% of the market opportunity on the table. The real transformation happens when we shift from construction-based to manufacturing-based delivery. This isn't theoretical—Korean shipyards already demonstrate the capacity to build 10-20 nuclear-capable vessels annually. The automotive industry produces 90 million engines each year, equivalent to 5.5 terawatts of generation capacity. Shipyard production could expand our market access to 347 GW by 2050, achieving costs of $60-90/MWh. Full mass manufacturing—applying design-for-manufacturing principles similar to what transformed aerospace and automotive industries—could reach 700 GW at $40-70/MWh, making nuclear competitive with natural gas even without policy support." What This Means for Supply Chains "This transformation has profound implications for everyone in this room. The supply chain required for programmatic delivery looks very different from today’s nuclear supply chain—but it’s still recognizable. You're building multiple units in series rather than one-offs, you're standardizing components and processes, and you're developing specialized skills and infrastructure. But the supply chain for manufacturing-based delivery looks fundamentally different. It looks like aerospace supply chains. It looks like automotive supply chains. It requires: - Standardized components produced at industrial scale - Automated manufacturing processes with rigorous quality control - Global supply chains optimized for volume production - Competitive ecosystems where multiple qualified suppliers drive innovation - Digital tools that enable rapid configuration and deployment" The Six Critical Drivers "Achieving this transformation requires coordinated progress across six interconnected drivers: - Delivery Innovation — Moving from on-site construction to factory manufacturing - Regulatory Evolution — Shifting from site-by-site licensing to product-based certification - Economic Viability — Policy frameworks that appropriately value reliability, security, and zero emissions - Site Availability — Hundreds of pre-qualified sites rather than a handful requiring site-specific approval - Capital Access — Mainstream financing for manufacturing-scale investment - Developer Ecosystem — A mature, competitive supplier base with proven track records Progress in any single area cannot unlock large-scale deployment. A supply chain optimized for manufacturing cannot function without product-based licensing. Regulatory efficiency means nothing without manufacturing capability. These drivers must advance together, in coordination." The 2025–2030 Window "Which brings me to urgency. The next five years are critical. The demonstrator projects being deployed now—by Westinghouse, Rolls-Royce, X-Energy, and others—must prove that new delivery models can meet industrial requirements. These projects aren't just about demonstrating reactor technology; they’re about proving that nuclear can deliver on the procurement requirements industrial customers demand. If we succeed, we unlock a trillion-dollar market and establish nuclear as the backbone of industrial decarbonization. If we fail—if costs overrun, schedules slip, or we cannot demonstrate predictable delivery—that market opportunity will default to alternative technologies that may not be able to deliver the same reliability and zero-emissions performance but can meet procurement requirements." Call to Action "So, what do we need from you—from the supply chain community gathered here today? First, think programmatically. Even if you're supplying components for single projects today, design your processes and capabilities for series production. Build the infrastructure, develop the skills, and establish the partnerships that enable repeatable, predictable delivery. Second, prepare for manufacturing. The companies that will dominate the future nuclear supply chain are those positioning themselves now for factory production. What would your component look like designed for automated manufacturing? How would your quality processes change in a factory environment? What standardization would unlock volume production? Third, collaborate across the ecosystem. The transformation we need cannot happen through vertical integration alone. We need open, competitive supply chains where standardized interfaces enable multiple qualified suppliers—driving both innovation and cost reduction. Finally, demonstrate excellence now. The projects being delivered in the next five years will determine whether the nuclear industry can access this enormous market opportunity. Every component delivered on time and on budget, every quality milestone achieved, every innovation that improves predictability—these build the track record that unlocks the next wave of investment." Conclusion "We stand at a rare moment where market demand, policy support, and technological capability are aligning to enable nuclear's largest expansion in history. But this opportunity won't wait. Industrial customers are making energy decisions now. Supply chains are being established now. The manufacturing capabilities that will dominate this market are being built now. The question isn't whether nuclear can technically serve this market—we know it can. The question is whether we can transform how we deliver nuclear projects to meet the requirements of industrial customers who represent a trillion-dollar opportunity. I believe we can. The companies on this panel are proving we can. And the supply chain community in this room will determine whether we do. Thank you." Kirsty Gogan Managing Partner, LucidCatalyst

Nordic-Baltic Leaders Unite to Accelerate New Nuclear Expansion and Investment

Nordic-Baltic Leaders Unite to Accelerate New Nuclear Expansion and Investment

Ministry of Climate and Enterprise, Sweden Stockholm, Sweden October 7, 2025 On October 7, 2025, Kirsty Gogan moderated the high-level Nordic-Baltic Nuclear Investment Summit in Stockholm, hosted by Ebba Busch, Swedish Vice Prime Minister and Minister for Energy, Business and Industry, and Sari Multala, Finnish Minister of Climate and the Environment. The event brought together ministers, industry leaders, and investors to discuss the region’s plans to expand new nuclear energy and rebuild competitive supply chains amid strong regional commitment. The Nordic-Baltic Nuclear Investment Summit held in Stockholm on October 7, 2025, was a key gathering of ministers and industry representatives from Sweden, Finland, Estonia, Latvia, and beyond. Hosted by Ebba Busch, Swedish Vice Prime Minister and Minister for Energy, Business and Industry, and Sari Multala, Finnish Minister of Climate and the Environment, the summit focused on creating the conditions necessary for effective nuclear power expansion across the region. Kirsty Gogan facilitated the discussions, alongside senior officials including Swedish Minister Romina Pourmokhtari and others involved in nuclear policy and investment. The summit occurred against a backdrop of growing regional interest in new nuclear capacity, driven by global momentum to decarbonize energy systems and ensure energy security. The event also coincided with worldwide endorsements in support of tripling nuclear energy capacity by 2050, reflecting this significant regional and international momentum. Participants explored strategies to attract investment, strengthen supply chains, and accelerate the deployment of nuclear projects across the Baltic Sea countries.

Strategic Panel Moderated by LucidCatalyst's Kirsty Gogan Drives High-Level Dialogue on AI and Nuclear Energy

Strategic Panel Moderated by LucidCatalyst's Kirsty Gogan Drives High-Level Dialogue on AI and Nuclear Energy

OECD NEA Paris, France September 18-19, 2025 At the OECD NEA Roadmaps to New Nuclear Ministerial Conference 2025 in Paris, Kirsty Gogan moderated the plenary session titled "The Role of Artificial Intelligence in the Future of Nuclear Energy." The session brought together ministers and leading private sector experts to discuss how AI can transform nuclear performance, safety, and efficiency, while also addressing the challenges and risks of integrating AI into this highly regulated industry. During the OECD NEA Roadmaps to New Nuclear Ministerial Conference 2025, held at OECD headquarters in Paris from September 18-19, Kirsty Gogan moderated the plenary session titled "The Role of Artificial Intelligence in the Future of Nuclear Energy." This conference brought together senior decision-makers from over 30 countries—including ministers—and CEOs from around 50 companies, providing a critical forum for candid conversations on the key actions needed to reestablish leadership in nuclear energy among OECD nations. As momentum builds globally for nuclear new build, with countries aiming to triple nuclear capacity by 2050 through innovative technologies like SMRs and Generation III reactors, the panel explored how AI can accelerate this growth. Discussion focused on AI's potential to revolutionize reactor operations, enable predictive maintenance, and facilitate real-time safety monitoring, thus helping to overcome barriers such as lengthy licensing processes. The session also examined how AI adoption could strengthen supply chains, workforce development, and resource allocation—topics vital for an industry poised for significant expansion, driven by countries eager to meet ambitious clean energy and industrial application goals in a rapidly evolving nuclear landscape.

LucidCatalyst Leaders at Nuclear Symposium 2025: Accelerating Clean Energy Innovation

LucidCatalyst Leaders at Nuclear Symposium 2025: Accelerating Clean Energy Innovation

Cornell Tech Campus New York City Upcoming Event: September 24, 2025 Chief Regulatory Officer Zackary Rad will speak at the Nuclear Symposium 2025, taking place on 24 September 24 2025, during Climate Week NYC at Cornell Tech Campus in New York City. Rad will participate in the "Age of AI: Accelerating Clean Energy and Industrial Growth" panel, exploring how unprecedented electricity demand from artificial intelligence not only creates a strong demand signal for reliable clean electricity, but also how AI unlocks solutions development. The premier event, co-organized by LucidCatalyst Director and Nuclear New York Executive Board Member Isuru Seneviratne , brings together over 250 leaders across policy, finance, and technology to identify innovations enabling nuclear deployment at the scale and speed needed. The symposium examines critical topics such policy and regulatory innovation, de-risking project financing, and socio-economic multipliers —all core areas of LucidCatalyst's expertise in accelerating clean energy deployment. More information available at  www.nuclearsymposium.com .

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