Energy

Backyard billionaire

Here’s a great idea for a home business or a side hustle. We need energy. LOTS of energy. AI alone uses tons of power. And soon it will run everything. AI will run EVERYTHING. We need MUCH more energy.

So if you can build a small nuclear reactor in your backyard, you are going to get rich. You can get a microreactor for anywhere from $50 million to $3 billion.

Let’s assume a hypothetical SMR (Small Model Reactor) with a power output of 300 MWe, a capacity factor of 93%, and an average wholesale electricity price of $50/MWh.

Annual energy generation: 300 MWe * 8,760 hours/year * 0.93 = 2,444,760 MWh/year

Potential annual revenue: 2,444,760 MWh/year * $50/MWh = $122,238,000

ONE HUNDRED AND TWENTY THREE MILLION DOLLARS A YEAR!

I just made you rich. NOW do I get invited to your cookout?

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Joe Ditzel

Joe Ditzel is a keynote speaker, humor writer, and really bad golfer. You can reach him via email at [email protected] as well as Twitter, Facebook, Google+ and LinkedIn.