$LTBR · Schwab Network · 2026-11-09
Lightbridge Fuel 可在不改动设备的情况下将现有反应堆出力提高 10%，改动设备则可提高至多 20%，并为新建反应堆额外带来约三分之一的功率。其爱达荷国家实验室工厂的 DOE 协议正在敲定，明年开工，公用事业采用预计将循序渐进：先小规模升级，再大规模升级，最后新建机组。
逐段跳播
Seth，我们平时通常是当面交流的，但我很高兴你今天能参加这个讨论环节，因为这和我们的讨论极其相关。作为最后一个问题，我现在想转向 Lightbridge。我们谈到了 Lightbridge Fuel，它开发的一部分目的就是帮助现有反应堆发出更多电力，而这正是我们现在讨论的内容。
你的技术如何融入这个更大的升级机会？在更多公用事业公司将其商业化采用之前，还需要做哪些工作？
Seth, normally we talk in person, but I'm so glad you're on the panel today because it's extremely relevant to our discussion and for our last question, I'd like to turn now to Lightbridge.
We talked about Lightbridge Fuel and part of its development is to help existing reactors produce more power, which is what we're discussing right now. How does your technology fit into this larger upgrade opportunity and what more needs to be done before more utilities adopt it commercially?
Lightbridge 正在开发的燃料将可用于现有和新建反应堆，在提升发电量方面的作用超过其他任何方式。在不改变电厂设备的情况下，这将使发电量提高10%；在更换设备的情况下，可提高多达20%；而对于新建反应堆，可多提供约三分之一的电力。
所以你可以建三座反应堆，却获得相当于四座的电力。我认为这会是与公用事业公司持续推进的过程：他们会先从小幅升级开始，然后进行大幅升级，最终建设新反应堆。而且这也会让电价保持在可控范围内。
The fuel that Lightbridge is creating will be usable in existing and new reactors, helping to increase electricity production more than anything else. This will increase electricity production by 10% without changing the plant's equipment, by up to 20% with equipment changes, and about one-third more power will be available for newly built reactors.
So you can build three reactors and get the power of four, and I think it will be a continuous process with the utilities, where they will start with small upgrades, then big ones, and eventually build new reactors.
And it will also keep electricity prices under control.
所以我们正在获得批准。我们目前正在敲定与能源部的一项协议，要在爱达荷国家实验室建设我们的工厂，这将为一座商业反应堆生产首批燃料。我们明年将开始建设。所以我们非常感谢政府提供的联邦援助，也感谢两党对核能升级的支持。
So we are getting approval. We are now in the process of finalizing an agreement with the Department of Energy to build our plant at Idaho National Laboratory, which will produce the first fuel for a commercial reactor.
We are going to start construction next year. So we are very grateful for the federal assistance we are receiving from the administration and the bipartisan support we are seeing for nuclear power upgrades.
Joe Dominguez 在今天的财报电话会议上提到了生产电力抵免，这些抵免正在支持这些反应堆升级，而我们相信 Lightbridge Fuel 能够提供的燃料将超过其他任何方式。
Joe Dominguez mentioned the production power credits on today's earnings call, which are supporting these reactor upgrades, and we believe Lightbridge Fuel will be able to provide more fuel than anything else.