Oklo has moved to acquire Atomic Alchemy, a U.S. firm specializing in high-value radioisotopes, in a $25 million all-stock transaction. The acquisition will add radioisotope production capabilities to Oklo’s advanced…
technology
A $900 million funding opportunity released by the Department of Energy (DOE) on Oct. 16 seeks to spur “first mover” teams that could deploy the first two Gen III+ light…
In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small…
The power generation industry has undergone a remarkable transformation over the past several years, with the shift from regulated monopolies to a competitive landscape introducing new complexities and expectations, particularly…
Groundbreaking has kicked off at Idaho National Laboratory (INL), where Project Pele—the Department of Defense’s (DOD’s) full-scale transportable microreactor prototype—will be placed for testing in 2026. When operational, the reactor…
The Texas Energy Fund (TEF), a flagship loan program designed to boost the state's dispatchable generation, faced its first setback on Sept. 4 when the Public Utility Commission of Texas…
The Environmental Protection Agency (EPA) has doubled down on its stance that carbon capture is “adequately demonstrated” in a brief filed with the U.S. Supreme Court as part of a…
According to the Global Geothermal Power Tracker (GGPT), a comprehensive dataset of geothermal power facilities, about 14 GW of geothermal power is operational worldwide. The U.S. has the largest installed…
Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced…
South African state-owned utility Eskom has garnered the National Nuclear Regulator’s (NNR’s) approval to continue operating Unit 1 of the 1,860-MW Koeberg Nuclear Power Station for another 20 years, until…