The U.S. Department of Energy and nuclear startup Oklo (OKLO.N), completed an agreement on Wednesday for site inspections pertaining to the company’s proposed small nuclear reactor in Idaho.
By 2027, the business hopes to have developed its first small modular nuclear reactor (SMR), with support from OpenAI CEO Sam Altman.
According to the corporation, the agreement is a significant step toward building and will enable Oklo to concentrate on environmental studies, infrastructure planning, and geotechnical evaluations.A global movement towards net-zero carbon emissions has led to a resurgence of interest in nuclear energy as a clean power source after decades of stagnation.
U.S. utilities are striking up deals with tech heavyweights like Microsoft and Amazon to supply electricity from nuclear plants for power-hungry data centers.
Oklo, which went public in May through a merger with Altman’s blank-check firm, still needs a permit from the Nuclear Regulatory Commission for the proposed plant.The regulator had denied Oklo’s application for a combined construction and operation license in 2022.
