The hyperscalers are living up to their name, and scaling that fast comes with a growing hunger for power. In this case, we mean nuclear power. Yesterday, Google announced a strategic agreement with Elementl Power, a nuclear project development company, to advance site development for three nuclear projects. “Google is committed to catalyzing projects that […]
US data needs aren’t slowing down, and with more data demand comes a corresponding increase in energy consumption. Every energy think tank and analysis group out there has projections for just how much energy data centers will need in the coming years, and the numbers are high across the board. Current energy demand from data […]
Last October, Pacific Fusion emerged from stealth with a splashy $900M Series A and a commitment to build an inertial fusion machine based on the technologies that made the National Ignition Facility (NIF) and the Z Machine successful. Now, the company has come out with a roadmap to build a net gain facility by 2030—and […]
NANO Nuclear Energy ($NNE) is making plans for its first reactor build. Last week, the publicly traded SMR company announced an agreement with the University of Illinois Urbana-Champaign to build a research reactor on campus. The reactor, a version of the company’s flagship Kronos micro modular reactor, uses tech acquired from the now-bankrupt Ultra Safe […]
If you still have the idea that nuclear power isn’t an attractive energy source to the major industrial players, think again. Dow, one of the largest chemicals and plastics producers in the world, announced this week that it is working with X-energy to transition its industrial plant in Seadrift, Texas, to nuclear power in the […]
Another nuclear company is on its way to the public markets. Last week, Terrestrial Energy announced its plans to merge with HCM II Acquisition Corp., a SPAC, and list on the NASDAQ under the ticker $IMSR. The company joins fellow nuclear SPAC Oklo ($OKLO) on the public markets, as well as NANO Nuclear Energy ($NNE), […]
The Lone Star State is positioning itself as the most pro-nuclear state in the union, and industry is taking notice. The latest to take up the reins in Texas: microreactor developer Last Energy. On Friday, Last Energy announced that it secured a site in Haskell County in north Texas, near Abilene, to build 30 microreactors […]
While we were away, the US government was busy arranging a massive carbon-free boost to its operations infrastructure. On Jan. 2, the General Services Administration (GSA), the independent government agency that manages government buildings and real estate, announced two monster contracts with nuclear operator Constellation ($CEG). The $840M contract is the largest energy services contract […]
We’re still at least a handful of years from a working commercial fusion plant, but across the country and world, we’re getting closer every day. Fusion firms found success in fundraising, partnerships, and technological development this year in their quest to unlock the limitless power of the sun. Here’s our roundup of the highlights. Raising […]
We started covering the fission industry with Ignition’s launch back in February. At that point, we had no idea (OK, maybe an inkling) that this year would hold so many pivotal moments in fission development for the US market. Here’s our recap of the moments and trends that mattered most in the US fission sector. […]
