Elemental Energy: Simplifying Decarbonization
Elemental Energy is the podcast helping bridge oil and gas and electricity. Here we introduce emerging low carbon technologies associated with the energy transition. This podcast simplifies decarbonization, giving you positive insight on the energy transition.
Elemental Energy: Simplifying Decarbonization
029: Oil and Gas and Nuclear? Conversation with Nick Morriss of Shepherd Power
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Pioneering in the microreactor application space to support oil and gas, Nick Morriss with Shepherd Power a spinoff of NOV, is first in line! The integration of nuclear to deliver electricity and thermal support to upstream applications is becoming a reality, so much so that companies like Shepherd are forming in preparation of the uptick in need. Their model is as simple as setting up a facility that they own and operate, giving their customer the ability to purchase their power and thermal heat generation. We just need the regulators and developers to catch up!
-Origin Story of Shepherd Power
-Owning and operating reactor risks being removed from customer base
-Values of siting small reactors with modest foundation pads
-Qualitative vs. quantitative values that nuclear integration provides
-Direct application of heat and electricity in upstream application
-Regulated vs. Non-Regulated Project Management Approaches