Oklo stock price. Down nearly 9% today.
Nuclear startup Oklo returns to NRC after rare rejection. https://www.eenews.net/articles/nuclear-startup-oklo-returns-to-nrc-after-rare-rejection/ #Nuclear
So much for a preapp bump.
#RiskInformedPerformanceBased #FoolMeTwice
DOE: 41 NPP sites have room to host new reactors.
Too bad for DOE—they're all in the United States.
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#RiskInformedPerformanceBased
"Investors who were invited to a Nuclear Energy Summit balked at the ambitious nuclear sales pitch, referring to investor enthusiasm as misguided. The European Investment bank pointed to risks as very high, ranking nuclear as the last option to fight climate change."
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“That’s the true cost of nuclear power in Australia, not just the $100Bs in the cost of constructing the reactors more than a decade away… but the danger that another decade of denial prevents the action on climate and investment in energy we need now.”
"Energy executives, fund managers, and investors do not think nuclear energy is financially viable in Australia."
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Nuclear advos' complaints about these findings would carry a lot more weight if even one AP1000 or EPR or NuScale or… had been completed on time, on budget.
#NuclearIsItsOwnWorstEnemy
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Other than it's too slow and too expensive, nuclear's a natural. #RiskInformedPerformanceBased
“Facing both the need to decrease carbon emissions while having to increase the amount of power that we need, nuclear is a natural technology for that challenge."
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In 2023, solar PV and wind comprised about 80% of global capacity additions (99% in Australia).
At current rate (20%/yr), solar will pass fossil gas in 2024, coal in 2025. Solar will approach 9 TW in 2031; there will be more solar capacity than all else combined.
How different nuclear's prospects would be if even one AP1000 or EPR or… had been completed on time, on budget.
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#NuclearIsItsOwnWorstEnemy
How different nuclear's prospects would be if even one AP1000 or EPR or… had been completed on time, on budget.
#RiskInformedPerformanceBased
No. #RiskInformedPerformanceBased
"Its SMR technology could be ready for the Australian market by the early to mid-2030s at a price tag of $5B for a 470 MW plant."