DOE Gives Kairos a Milestone-Marked Path to $303M
The ball is officially rolling on Kairos Power’s reactor deployment contract with the federal government.
The ball is officially rolling on Kairos Power’s reactor deployment contract with the federal government.
The US is headed for a uranium shortage in the not-too-distant future, and it’s going to take significant investment to make sure that utilities have easy access to the supply they need to keep reactors ticking far into the future.
A thriving nuclear energy industry, at least as it’s imagined and being built today, will rely on plentiful uranium. But uranium supply is limited, and those who mine it are trying to scale up their output in anticipation of a boom in demand.
As governments the world over consider how to decarbonize their energy infrastructure while still ensuring access to reliable, abundant power, nuclear energy often rises to the top of the list of options. But there are still holdups, and one question comes up time and time again: What can be done about the waste?
Rod Adams, managing partner at advanced nuclear energy investment firm Nucleation Capital and author of the blog Atomic Insights, is as pro-nuclear as they come.
Privately-funded SMRs are hitting the UK for the first time. On Thursday, energy giant Westinghouse announced that it signed an agreement with Community Nuclear Power, Ltd. (CNP) to deploy four of its AP300 SMRs in the English North Teesside region. Under the agreement, CNP and Westinghouse hope to get a fleet of four AP300s up […]