Panorama Capital Partners’ Post

While the COP 28 commitment to triple nuclear power by 2050 has been questioned as whether it is an attainable goal, progress is taking place in building new nuclear plans, as well as standing up the supply chain for them, and for small modular reactors. #nuclear #industry #cleantech #investment #newnuclear #nuclearpower #nuclearindustry #nucleartechnology #supplychain #economy #nucleareconomy #cop28 #smr #modularreactor #microreactor

"President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology as a round-the-clock source of carbon-free power. Under a road map being unveiled Tuesday, the US would deploy an additional 200 gigawatts of nuclear energy capacity by mid-century through the construction of new reactors, plant restarts and upgrades to existing facilities. In the short term, the White House aims to have 35 gigawatts of new capacity operating in just over a decade." #SustainingEnergyInnovation #Leadership #Innovation #CleanEnergy #Nuclear #NuclearEnergy #Energy #AllEmissionsMatter #AllTheAboveEnergy #NECenergy  #EntropicQuantumUncertainty

Reuters News Agency: "Google said on Monday it signed the world's first corporate agreement to buy power from multiple small modular reactors to meet electricity demand for artificial intelligence. "The technology company's agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035. "The companies did not reveal financial details of the agreement or where in the U.S. the plants would be built. Google said it has agreed to buy a total of 500 megawatts of power from six to seven reactors, which is smaller than the output of today's nuclear reactors." https://lnkd.in/gJmvxaRY

Emphasizing the need to talk more about nuclear energy. “The nuclear industry is enjoying a renaissance as governments and big tech companies search for clean sources of power to meet their climate commitments. Dozens of projects are already under way to develop small modular reactors, which have capacities of up to about 300 megawatts.” (Today at FT)

Google on Monday signed a deal to get electricity from small nuclear reactors to help power artificial intelligence. The agreement to buy energy from reactors built by Kairos Power came just weeks after word that Three Mile Island, the site of America's worst nuclear accident, will restart operations to provide energy to Microsoft. https://lnkd.in/emRwTyQg

Dominion Energy Virginia is considering the use of small nuclear reactors to meet increasing electricity demands in the state while aiming to meet Virginia’s 2050 carbon-free power goals. This move follows the increasing momentum behind adopting nuclear energy as a viable option to reduce emissions. https://lnkd.in/geFMV9E6

A TVA-led coalition including BWRX-300 developer GE Hitachi Nuclear Energy is applying for federal funding to support the US deployment of small modular reactors. #NuclearEnergy #SMRs #Funding

A TVA-led coalition including BWRX-300 developer GE Hitachi Nuclear Energy is applying for federal funding to support the US deployment of small modular reactors. #NuclearEnergy #SMRs #Funding

A TVA-led coalition including BWRX-300 developer GE Hitachi Nuclear Energy is applying for federal funding to support the US deployment of small modular reactors. #NuclearEnergy #SMRs #Funding

A TVA-led coalition including BWRX-300 developer GE Hitachi Nuclear Energy is applying for federal funding to support the US deployment of small modular reactors. #NuclearEnergy #SMRs #Funding