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- Oklo Inc. Finalizes MOA with U.S. DOE, Advancing Nuclear Powerhouse Construction
Oklo Inc. Finalizes MOA with U.S. DOE, Advancing Nuclear Powerhouse Construction
Slice of Energy Team
September 27, 2024
Key Highlights:
Oklo finalizes MOA with U.S. Department of Energy for Idaho site investigations.
Focus areas include geotechnical assessments, environmental surveys, and infrastructure planning.
Oklo is uniquely positioned to deploy the first commercial advanced fission plant in the U.S.
Site preparation and construction planning to follow investigation phase.
Source: Business Wire
Notable Quote:
“Our partnership with the DOE has been instrumental. Beginning with the site use permit and fuel award in 2019. Signing this MOA reflects our commitment to timely deployment and operational readiness while also helping to manage costs and maintain our project schedule.”
Our Take:
This MOA represents a significant milestone for Oklo in its mission to commercialize advanced fission power. The ability to conduct site investigations, including geotechnical and environmental assessments, is a critical step in the path toward construction. Oklo’s longstanding collaboration with the U.S. Department of Energy, coupled with its regulatory achievements and secured fuel supply, positions the company as a leader in the clean energy space. This advancement underscores the company's commitment to operational readiness and efficient project execution, signaling the dawn of a new era in nuclear energy deployment in the U.S.