Latest Exclusives
Nuclear Energy Developer TerraPower Explores New Investment Opportunity in South Africa
Collaborative Investment: TerraPower and ASP Isotopes announced a partnership for TerraPower to fund a HALEU production facility in South Africa, with ASP agreeing to a long-term supply contract to provide all HALEU produced for ten years. Exclusivity Clause: The...
Four Contracts Announced by Biden-Harris Administration to Boost Domestic HALEU Production & Supply
Domestic HALEU Production: The Biden-Harris Administration, through the Department of Energy, announced contracts for the domestic production of high-assay low-enriched uranium (HALEU), essential for advanced nuclear reactors, aimed at improving efficiency and...
Berkshire Hathaway, Brookfield, and Alterra Lead A Surge in Energy Investments
Brookfield Asset Management (BAM) has launched a $5 billion catalytic transition fund (CTF) for clean energy in emerging economies, with $1 billion already committed by UAE-based Alterra. Alterra, the world's largest private clean energy investment vehicle, aims to...
Nuclear Down Under: Shift in Australia’s feelings towards Nuclear
The Lowy Institute's recent poll in Australia reintroduced questions on public sentiment towards nuclear energy, revealing over half of respondents support or partially support its integration into Australia's energy landscape. This shift in attitude signifies a...
More More More! Japan’s Return to Nuclear Power Consumption
Japan faced a triple disaster in 2011 with an earthquake, tsunami, and Fukushima nuclear meltdown, leading to a reduction of nuclear energy due to public fears. Rising fossil fuel prices and climate commitments are pushing Japan to reconsider nuclear power, with...
Marveling at MARVEL: DOE Building Its Own Microreactor
The U.S. is accelerating efforts to reach net-zero emissions by 2050, with the Department of Energy nearly completing the design of a microreactor to showcase its technological integration and applications. The MARVEL reactor will aid in understanding reactor design,...
Building Tomorrow: TerraPower Kicks Off SMR Construction in Wyoming
TerraPower began constructing its natrium reactor project in Lincoln County, Wyoming, employing 1,600 local workers. The natrium reactor, using liquid-sodium coolant, aims to revitalize U.S. renewable energy with higher thermal efficiency and safety. Despite only...
Russia Sets Sail with Guinea for Floating Nuclear Power Plant
Recent advancements in nuclear technology have led to the development of floating nuclear power plants, which offer advantages such as autonomous electricity generation for remote areas, desalination capabilities, and reduced environmental impact compared to...
Trouble Ahead: NVIDIA and Microsoft Face Government and Environmental Pressures
Antitrust Investigations: The U.S. Department of Justice and the Federal Trade Commission approved investigations into Microsoft, NVIDIA, and others for potentially using their market dominance to disadvantage smaller AI technology companies. Market Dominance and...
Energy Sector Update
Occidental and Berkshire Hathaway Joint Venture: Occidental Petroleum and Berkshire Hathaway have formed a joint venture to market and sell lithium for EV batteries, highlighting Occidental's expansion in renewable energy. Competition in the Lithium Market: Occidental...
Rising Temps and Rising Tempers: UN Chief Looking to Tax Fossil Fuel Companies to Fund the Fight against Global Warming
On June 5, 2024, U.N. Secretary General António Guterres, announced calling for a “windfall” tax on fossil fuel companies to use said tax dollars to help fight the climate crisis. He calls these companies the "godfathers of climate chaos." In light of international...
