March 19, 2021
Small Modular Reactors (SMRs) offer great promise for the nuclear industry and for society. However, SMRs remain in a technology development stage. While it is easy to envision how SMRs can serve a variety of functions under a Clean Growth Strategy, it is essential that the industry moves into a new stage of project deployment. This presentation will focus on the business case for SMRs, with emphasis on project development, financing, and project delivery.
Paul focuses on multiple aspects of the nuclear industry – from legal and policy matters, including international regulatory and treaty frameworks and issues regarding nuclear liability, to strategies for creating and financing nuclear power programs and the identification and mitigation of associated risks –representing governments, developers/owners, investors, lenders, and contractors on nuclear projects internationally. He is recognized as an expert in the development and financing of nuclear power programs by the International Atomic Energy Agency (IAEA), the OECD's Nuclear Energy Agency (NEA), the International Framework for Nuclear Energy Cooperation (IFNEC), and the US government.
Paul regularly teaches financing, contracting, and project development for the IAEA, Argonne National Laboratory, and Texas A&M University for their international training programs, and serves as a guest lecturer at the U.S. National Defense University. Paul has served (as a five-time appointee) to the U.S. Secretary of Commerce’s Civilian Nuclear Trade Advisory Committee, and he serves on ASME’s Clean Energy Technology Advisory Panel. He is also an Affiliate of Nuclear Economics Consulting Group. Most recently, Paul served as Managing Director, Special Projects for the international law firm, Gowling WLG. Prior to joining Gowlings, he was Special Counsel in the Washington, DC office of Milbank, Tweed, Hadley & McCloy LLP, and a member of the Global Project Finance group, leading Milbank’s nuclear practice. Prior to Milbank, he served as Senior Counsel for Bechtel Power Corporation, supporting both the Nuclear and Fossil businesses as a transactional attorney involved in business development, proposal submittals, contract negotiations, procurement, and project execution.
Paul is a graduate of Princeton University's Woodrow Wilson School for Public and International Affairs and a graduate of Harvard Law School.