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The world’s greatest auto race is pushing the limits of cleaner combustion.
The irony of it wasn’t lost on me.
Last Wednesday morning, I found myself trudging through the noxious wildfire smoke that had blanketed all of New York City, my eyes burning under a dark orange sky as I struggled to breathe through an old KN95 mask I dug out of a kitchen drawer. Twelve hours later, I would be on a plane to Paris and on my way to witness the 100th anniversary of the 24 Hours of Le Mans.
Let’s just say leaving your city during an ecological crisis to go to a car race will give you some mixed feelings.
On one hand, I had wanted to see this race since I was a car-crazed kid, and I was there to write a feature I had been planning for months. On the other hand, it is never lost on me that the biggest source of greenhouse gas emissions in the U.S. is transportation, including cars. In recent years, I have found it hard to get excited about horsepower when the world is literally on fire. That was doubly true when my clothes stank of torched Canadian forest.
What I got instead was a pleasant surprise at the famed Circuit de la Sarthe: a lot of people, including those who put on this race, agree with me. And making the event more sustainable is now a key part of its future.
Its past is the stuff of motorsports legend. Since 1923 — minus the better part of the 1940s, for obvious reasons — Le Mans has represented the pinnacle of racing, an event where teams of drivers in different types of vehicles compete for a solid day of racing.
It’s called endurance racing for a reason. Le Mans is won by not just outrunning and outmaneuvering your opponents, but by being able to outlast them as well.
Naturally, fewer pit stops to refuel means more time on the track, so you could say sustainability (not to mention the robustness of the car itself) has always been a part of Le Mans even before that word was put into wider use. What began as a race on a dirt-gravel mix in primitive early automobiles has evolved into a competition between different classes of high-tech, highly advanced race cars that often feature experimental technologies, different types of fuels, and hybrid-electric power. Every team may have a completely different approach to taking the checkered flag.
That’s what I’ve always loved about Le Mans: It pushes the boundaries of automotive technology. The stuff you see one year may vary wildly just a couple of years later. Ten years ago, the most unbeatable cars were diesel Audis; the cars from this year’s top Hypercar class are all hybrids now, as they are in Formula One.
Could those cars get even cleaner someday? Potentially. That’s the series’ goal, in fact; recently its governing body announced plans to make all of the top-class cars run on zero-emission hydrogen by 2030. That’s the same year the Le Mans race aims to be fully carbon-neutral.
And Toyota, whose hybrids had been dominant in recent years (but lost on Sunday to Ferrari after an unforgettable war of attrition that took up most of the day) showed off a hydrogen-powered car it hopes to run at Le Mans in 2026 — the first year a new hydrogen racing category will be open.
Toyota is sticking to its big plans for hydrogen, even as the slow rollout of hydrogen cars and fueling infrastructure has meant battery-electric passenger cars are being purchased at an astronomically higher rate. But that fuel source could have also great potential for heavy-duty trucking, aviation, and car markets with little access to electricity. Or in motorsports, where internal-combustion cars that run on liquid fuel create no CO2 emissions but still make the explosive sounds that make racing so exciting. (The all-day nature of the race makes it ill-suited for electric cars and their charging times, for now, anyway.)
Besides that, and to my delight, sustainability was everywhere at Le Mans this year. None of the race cars in competition ran on gasoline. Instead, they used a fuel made from local wine residue biomass that creates significantly fewer emissions. It’s called Excellium Racing 100 and it’s made by French company TotalEnergies (which is, yes, a petroleum company but I’ll give points for effort here.) Le Mans started doing this just last year, and the fuel made from agricultural waste uses no oil and emits 65% less CO2 over its lifecycle. As the company says, this new fuel “no longer contains a single drop of petrol.” At this race, that’s an impressive feat.
Attendees — and there were almost 300,000 of them — got discounted tickets if they came to the race in hybrid cars or EVs, carpooled or took public transit. (Most of the CO2 emissions from the race come from the traffic jam outside, race organizers said.) And the race cars’ Michelin-supplied tires were made from recycled materials.
Now, you yourself may not be in the market anytime soon for the Ferrari 499P LMH race car that won this year — and it’s not street-legal, anyway. So why do you care? Because motorsports, and Le Mans in particular, has a way of serving as a testing lab for new technologies that trickle down to the passenger cars you can buy. Things like fog lights, disc brakes, halogen headlights, better hybrid technology, techniques for reducing fuel consumption, and better tires have all seen introductions or advancements at this race. Here, car tech gets tested in the most extreme conditions; better and cleaner consumer cars can often follow. It’s part of why car manufacturers even do this.
I like to imagine what good things could emerge here in the years to come. More efficient headlights that are safer for pedestrians, for example. Or new lightweight materials so cars can finally go on a diet. Or ways to make hybrid and EV batteries have better range and durability. Or more advanced applications for hydrogen or e-fuels, which could be a useful tool in reducing emissions alongside battery EVs. Or, selfishly, ways to make cars that are fun and fast, but not destructive to the climate.
After all, automakers are looking for a future here where they can exist at all. Regulations around fuel economy and eventually phasing out internal combustion are closing in on them, especially in Europe. And consumers care more than ever about not just efficiency but emissions. Car companies have to step up or go home; I sometimes thought the #WeRaceForChange hashtag I saw everywhere should’ve been #WeRaceToKeepMakingMoneySomeday.
But good things can come from what we see at Le Mans. It has a chance to be a leader in making cars, for as long as we depend on them, better and cleaner and safer. If advancements in tires, efficiency, and even new fuel types can win races, maybe they can pave the way for the rest of us. “Being passionate about cars does not mean being irresponsible,” the racing series says. I say amen to that.
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And more of the week’s top news about renewable energy fights.
1. Jefferson County, New York – Two solar projects have been stymied by a new moratorium in the small rural town of Lyme in upstate New York.
2. Sussex County, Delaware – The Delaware legislature is intervening after Sussex County rejected the substation for the offshore MarWin wind project.
3. Clark County, Indiana – A BrightNight solar farm is struggling to get buy-in within the southern region of Indiana despite large 650-foot buffer zones.
4. Tuscola County, Michigan – We’re about to see an interesting test of Michigan’s new permitting primacy law.
5. Marion County, Illinois – It might not work every time, but if you pay a county enough money, it might let you get a wind farm built.
6. Renville County Minnesota – An administrative law judge has cleared the way for Ranger Power’s Gopher State solar project in southwest Minnesota.
7. Knox County, Nebraska – I have learned this county is now completely banning new wind and solar projects from getting permits.
8. Fresno County, California – The Golden State has approved its first large-scale solar facility using the permitting overhaul it passed in 2022, bypassing local opposition to the project. But it’s also prompting a new BESS backlash.
A conversation with Robb Jetty, CEO of REC Solar, about how the developer is navigating an uncertain environment.
This week I chatted with REC Solar CEO Robb Jetty, who reached out to me through his team after I asked for public thoughts from renewables developers about their uncertain futures given all the action in Congress around the Inflation Reduction Act. Jetty had a more optimistic tone than I’ve heard from other folks, partially because of the structure of his business – which is actually why I wanted to include his feelings in this week’s otherwise quite gloomy newsletter.
The following conversation has been lightly edited for clarity. Shall we?
To start, how does it feel to be developing solar in this uncertain environment around the IRA?
There’s a lot of media out there that’s oftentimes trying to interpret something that’s incredibly complex and legalese to begin with, so it’s difficult to really know what the exact impacts are in the first place or what the macroeconomic impacts would be from the policy shifts that would happen from the legislation being discussed right now.
But I’ll be honest, the thing I reinforce the most right now with our team is that you cannot argue with solar being the lowest cost form of electrical generation in the United States and it’s the fastest source of power generation to be brought online. So there’s a reason why, regardless of what happens, our industry isn’t going to go away. We’ve dealt with all kinds of policy changes and I’ve been doing this since 2002. We’ve had lots of changes that have been disruptive to the industry.
You can argue some of the things that are being discussed are more disruptive. But there’s lots of things we’ve faced. Even the pandemic and the fallout on inflation and labor. We’ve navigated through hard times before.
What’s been the tangible impact to your business from this uncertainty?
I would say it has shifted our focus. We sell electricity to our customers that are both commercial customers, using that power behind the meter and on site for their own facilities, or we’re selling electricity to utilities, or virtually through the grid. Right now we’ve shifted some of our strategy toward the acquisition of operating assets instead of buying projects from other developers that could be more impacted by the uncertainty or have economics that are more sensitive to the timing and uncertainty that could come out of the policy. It’s had an impact on our business but, back to my earlier comment, the industry is so big at this point that we’re seeing lots of opportunity for us to provide value to an investor.
As a company that works in different forms of solar development – from small-scale utility to commercial to community solar – do you see any changes in terms of what projects are developed if what’s in the House bill becomes law?
I’m not seeing anything at the moment.
I think most of the activity I’ve been involved in is waiting for this to settle. The disruption is the volatile nature, the uncertainty. We need certainty. Any business needs certainty to plan and operate effectively. But I’m honestly not seeing anything that’s having that impact right now in terms of where investment is flowing, whether its utility scale to the smaller behind-the-meter commercial scale we support in certain markets.
We are seeing it in the residential side of the solar industry. Those are more concerning, because you only have a short amount of time to claim the [investment tax credit] ITC for a residential system.
The company is well-positioned to take advantage of Trump’s nuclear policies, include his goal of installing a microreactor on a military base within the next few years.
At one point during his 12-year stint at SpaceX, Doug Bernauer turned his attention to powering a Martian colony with nuclear microreactors. Naturally, these would also fuel the rocket ships that could shuttle Mars-dwellers to and from Earth as needed. Then he had an epiphany.“I quickly realized that yes, nuclear power could help humanity become multiplanetary in the long term, but it could also transform life on Earth right now,” Bernauer wrote in 2023.
As nuclear power reemerges as a prominent player in the U.S. energy conversation, its potential to help drive a decarbonized future has crystallized into a rare bipartisan point of consensus. Radiant Nuclear, the Earth-based microreactor company that Bernauer founded after leaving SpaceX in 2019, is well positioned to take advantage of that, as its value proposition might as well be tailor-made for the Trump administration’s priorities
The startup’s aim is to make highly portable 1-megawatt reactors that can replace off-grid power sources such as diesel generators, which are ubiquitous in remote areas such as military bases. It’s fresh off a $165 million Series C funding round, with plans to begin commercial deployment in 2028. That aligns neatly with Trump’s recently announced goal of deploying a reactor on a military base by the same year. It’s an opportunity that Radiant Chief Operating Officer Tori Shivanandan told me the company is uniquely well-suited to take advantage of.
“A diesel generator that operates at 1 megawatt you have to refill with diesel about every three to five days,” Shivanandan explained. That means having regular access to both fuel and the generator itself, “and that’s just not reliable in many locations.” The company says its reactors only need refueling only every five years.
Radiant’s goal is to be cost competitive with generators in far flung locales — not just military bases, but also distant mines, rural towns, oil and gas drilling operations, and smaller, more dispersed data centers. “A customer who’s on the North Slope of Alaska, they might pay $11 or $12 a gallon for diesel,” Shivanandan told me. That’s a price she said Radiant could definitely compete with.
“The military’s interest in microreactors has been coming for quite a long time,” Rachel Slaybaugh, a climate tech investor at the venture firm DCVC told me. The firm led Radiant’s Series C round. Some of Radiant’s appeal is “right place, right time,” she said. “Some of it is putting in a lot of work over a long time to make it the right place, right time.”
Trump’s recent nuclear-related executive orders also have Shivanandan and her team over the moon. As the administration looks to streamline nuclear licensing and buildouts, one order explicitly calls for establishing a process for the “high-volume licensing of microreactors and modular reactors,” which includes “standardized applications and approvals.” These orders, Shivanandan told me, will keep Radiant on track to start selling by 2028, and set the stage for the company’s rapid scale up.
Alongside DCVC, the company's latest round included funding from Andreessen Horowitz’s “American Dynamism” team, Union Square Ventures, and Founders Fund. This raise, Shivanandan told me, will cover Radiant’s expenses as it builds out its prototype reactor, which it plans to test at Idaho National Lab next year. It will be the first fueled operation of a brand new reactor design in 50 years, she said.
“My perspective is the bigger reactors are important and interesting, and there are a lot of great companies, but they’re not a very good fit for venture investing, Slaybaugh told me. “We like microreactors, because they just need so much less capital and so much less time.”
That potential buildout speed also means that even as the Inflation Reduction Act’s clean energy tax credits look poised for a major haircut, Radiant may still be able to benefit from them. In the latest version of the budget bill, nuclear projects are only eligible for credits if they begin construction by 2029 — a tall order for the many startups that likely won’t start building in earnest until the 2030s. But if all goes according to plan, that’s a timeline Radiant could work with — at least for its initial reactors, which would be the most expensive and thus most in need of credits anyway.
The company aims to reach economies of scale relatively quickly, with a goal of building 50 reactors per year at a yet-to-be-constructed factory by the mid 2030s. The modular design means Radiant can deploy multiple 1-megawatt reactors to facilities with greater power needs. But if a customer wants more than 10 or so megawatts, Radiant recommends they look to microreactors’ larger cousins, the so-called small modular reactors. Companies developing these include Last Energy, which makes 20-megawatt reactors, as well as NuScale, Kairos, and X-energy, which aim to build plants ranging from 150 megawatts to 960 megawatts in size.
While it could take one of these SMR companies years to fully install its reactors, Radiant’s shipping container-sized products are not designed to be permanent pieces of infrastructure. After being trucked onsite, the company says its reactors can be switched on the following day. Then, after about 20 years of continuous operation, they’ll be carried away and the site easily returned to greenfield, since there was no foundation dug or concrete poured to begin with.
This April, the Department of Defense selected Radiant as one of eight eligible companies for the Advanced Nuclear Power for Installations Program. The winner(s) will design and build microreactors on select military installations to “provide mission readiness through energy resilience” and produce “enough electrical power to meet 100 percent of all critical loads,” according to the Defense Innovation Unit’s website.
Also on this list was the nuclear company Oklo, which counts OpenAI CEO Sam Altman among its primary backers and went public last year. This Wednesday, the Air Force announced its intent to enter into a power purchase agreement with the company to build a pilot reactor on a base in Alaska. The reactor will reportedly produce up to 5 megawatts of power, though Oklo’s full-scale reactors are set to be 75 megawatts. Whether the military will opt to contract with other nuclear companies is still an open question.
Perhaps more meaningful, though, is the show of support Radiant recently gained from the Department of Energy, which selected it as one of five companies to receive a conditional commitment for a type of highly enriched uranium known as HALEU that’s critical for small, next-generation reactors. Much of this fuel came from Russia before Biden banned Russian uranium imports last year, in a belated response to the country’s invasion of Ukraine and an attempt to shore up the domestic nuclear supply chain.
America’s supply of HALEU is still scarce, though, and as such, Shivanandan considers the DOE’s fuel commitment to be the biggest vote of confidence Radiant has received from the government so far. The other companies selected to receive fuel are TRISO-X (a subsidiary of X-energy), Kairos Power, TerraPower, and Westinghouse, all of which have been around longer — the majority a decade or more longer — than Radiant.
Though the company is currently focused on Earth, Radiant hasn’t completely abandoned its interplanetary dreams. “We do believe that, should you want to colonize Mars and also create the environment in which you could refuel your rocket and send it back, then you would need 1-megawatt nuclear reactors,” Shivanandan told me. Anything larger might be too heavy to put in a rocket.
Good to know.