Sam Altman-backed nuclear startup Oklo to start Idaho microreactor site work

Sam Altman-backed nuclear startup Oklo to start Idaho microreactor site work

Rendering of a proposed Oklo commercial advanced fission power plant in the U.S. Courtesy: Oklo Inc. Nuclear startup Oklo is moving closer to initial construction of its first commercial microreactor, CEO Jacob DeWitte told CNBC in an interview. Oklo has received the greenlight from the Department of Energy to conduct site investigations for the planned … Read more

Microsoft’s Three Mile Island Deal Signals a Broader Nuclear Comeback

Microsoft’s Three Mile Island Deal Signals a Broader Nuclear Comeback

For five years, reactor one at Three Mile Island nuclear power station in Pennsylvania has lain dormant. Now, thanks to a deal with Microsoft, the reactor will start running again in 2028—this time to exclusively supply the tech firm with oodles of low-carbon electricity. It’s all part of an ongoing flirtation between Big Tech and … Read more

Microsoft Deal Is A Game Changer For U.S. Nuclear

Microsoft Deal Is A Game Changer For U.S. Nuclear

In 1979, the Three Mile Island nuclear plant came to embody Americans’ fears about atomic energy, after one of its two reactors partially melted down in what became the worst accident in the U.S. industry’s history, despite no one dying or getting sick from radiation. Now the Londonderry, Pennsylvania, facility could become a symbol of … Read more

Why it’s so difficult to build nuclear power plants in the U.S.

Why it’s so difficult to build nuclear power plants in the U.S.

Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant’s unit 4 reactor began commercial operations in April and unit 3 went online last year. They are the first reactors built from scratch … Read more

Finland to bury nuclear waste in world’s first geological tomb

Finland to bury nuclear waste in world’s first geological tomb

Workers inspect the Repository in ONKALO, a deep geological disposal underground facility, designed to safely store nuclear waste, on May 2, 2023, on the island of Eurajoki, western Finland. Jonathan Nackstrand | Afp | Getty Images Finland is on the cusp of burying spent nuclear fuel in the world’s first geological tomb, where it will … Read more

A New ‘Global Bank’ Wants To Compete With Russia On Nuclear Energy

A New ‘Global Bank’ Wants To Compete With Russia On Nuclear Energy

Nuclear plants are cheap to operate, last decades longer than other power sources, and generate unrivaled volumes of zero-carbon electricity rain or shine on relatively tiny slivers of land. Yet despite growing demand, few investors are willing to take a risk on new atomic energy stations as they’re expensive and difficult to build. The United … Read more

UAE considers building a second nuclear power plant

UAE considers building a second nuclear power plant

ABU DHABI: The United Arab Emirates is considering building a second nuclear power plant to meet growing demand for electricity in the oil-rich Gulf state, a government official told Reuters. The country of some 10 million people has become a proponent of nuclear power, a low-carbon energy source, as it seeks to diversify its economy … Read more

Senate sends package bolstering nuclear power sector to Biden’s desk

Senate sends package bolstering nuclear power sector to Biden’s desk

The Senate on Tuesday passed a package aimed at bolstering the nation’s nuclear power sector, sending it to President Biden’s desk. The vote was 88-2. Sens. Ed Markey (D-Mass.) and Bernie Sanders (I-Vt.) opposed the measure. While a White House spokesperson did not respond to questions about whether Biden will sign the bill, national climate adviser … Read more

Sam Altman takes nuclear startup Oklo public to power AI ambitions

Sam Altman takes nuclear startup Oklo public to power AI ambitions

On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate any revenue, went public through a special purpose acquisition company called AltC Acquisition Corp., founded and led by Altman. Under the ticker symbol “OKLO,” shares were … Read more

A Massive Power Utility Could Be The Key To More Nuclear Power

A Massive Power Utility Could Be The Key To More Nuclear Power

The Biden administration wants the United States to triple the global supply of nuclear power, with American-designed reactors running on fuel enriched in the West. The goal: Usurp Russia’s near monopoly on atomic energy exports, and keep China from gaining control of yet another green energy industry. But there’s one big problem: The U.S. isn’t … Read more