Everyone knows the iconic scene in the classic 1975 movie Jaws when Chief Brody, played by Roy Scheider, is chumming the waters off the coast of Cape Cod and finds himself face-to-face with a 25-foot great white shark for the first time. As you will remember, the scene cuts to Brody shuffling into the boat’s cabin, turning to Quint—the salty captain played by Robert Shaw—and saying rather dryly, “You’re gonna need a bigger boat.”
That image, of someone confronting the true scope of their challenge, is the thing that kept creeping into my mind as I walked the expo floor of the 2022 Utility Working Conference held on Marco Island, Fla., last month.
Yes, the excitement was palpable. The Inflation Reduction Act was cruising toward enactment with $30–40 billion in new nuclear-eligible clean energy tax incentives in its berth. Dow had just announced its intention to partner with X-energy to site a high-temperature gas reactor at one of its Gulf Coast manufacturing facilities.