Thank you for being here today.
We've heard a lot about CNL over the course of this study, so it's nice to have you before us at last.
I'm going to bring up a few issues and comments that previous witnesses have mentioned and get your take on them.
I want to start with SMRs. We heard in testimony last week—I'm trying to remember who it was—that they were skeptical of this vision of using SMRs, for instance, in remote communities to replace diesel, and so on. The comment was that if you can imagine yourself as a northern community, what would you choose, if you had to choose between a small modular reactor with uncertain price and uncertain delivery point, or one of these renewables-driven microgrids that are already in place in many communities in Alaska?
The price of renewables is dropping, and the advancements in technology in renewables is accelerating faster than anyone had imagined. Where is the future of an SMR in that situation?