Kurt Terrani is CEO of Standard Nuclear, a company focused on a part of nuclear energy that gets far less attention than reactor designs but can become the true bottleneck: fuel.

In this episode, Kurt provides a nuclear fuels 101, walking through the front end of the fuel cycle from uranium processing and enrichment to fabrication. He explains in plain terms what makes TRISO fuel different, why it appears so frequently in next-generation reactor designs, and how fuel performance shapes reactor economics, safety, and scalability.

The conversation also unpacks Standard Nuclear’s origin story, which emerged from a Chapter 11 restructuring of UltraSafe Nuclear, and explores a future where reactor-agnostic fuel suppliers replace vertically integrated fuel strategies to unlock faster deployment across advanced nuclear technologies.

Episode recorded on Dec 4, 2025 (Published on Jan 6, 2026)

In this episode, we cover:

[1:53] An overview of Standard Nuclear
[3:26] Nuclear’s history in Oak Ridge, TN
[6:07] The nuclear fuel cycle
[8:35] US involvement and ownership in this cycle
[10:17] TRISO fuel or coated particle fuel
[17:56] Why enrichment access constrains deployment
[21:43] Government’s role bridging fuel supply gaps
[24:03] Why reactor companies try vertical integration
[26:26] Standard Nuclear’s origin story
[28:51] Why fuel must become a commodity
[33:42] The case for standardizing TRISO specs
[39:20] Challenges of building a fuels company

Enjoyed this episode? Please leave us a review! Share feedback or suggest future topics and guests at info@mcj.vc.

Connect with MCJ:

*Editing and post-production work for this episode was provided by The Podcast Consultant

The Missing Piece Holding Back Advanced Nuclear with Standard Nuclear

Inevitable