Clay Sell sat down with Texas Governor Greg Abbott and Dow Chair and CEO Jim Fitterling for a fireside chat on August 16, 2023, where he discussed the significant opportunities ahead for deploying advanced nuclear technology in the Lone Star State.
The Department of Energy has hailed this as the most robust fuel globally, marking the inception of our remarkable safety-focused endeavor, which is our X-energy technology. I believe there's no entity worldwide better equipped to minimize the risks associated with delivering these projects on the first unit than Dao, especially in collaboration with the Department of Energy to address these pioneering risks. This collaboration instills great confidence in the success of our project here in Texas and its potential replication. I envision a future with numerous projects, potentially dozens, all within the state. Furthermore, I foresee projects with electric utilities in the United States, the United Kingdom, and Canada—these three markets currently encompass our focus. Governor, I firmly believe that based on this incredible technology that we will initially introduce with Dao in Texas, it will revolutionize the global perspective on clean, reliable, and dispatchable power. It will provide the grid with the necessary reliability and meet customers' sustainability demands from their energy providers.
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