This past week two companies in the advanced reactor space went public. Oklo Inc. (NYSE: OKLO) and Nano Nuclear (NASDAQ: NNE) had mixed opening days, with OKLO seeing nearly a 50% price drop from opening and NNE trading up well above its initial offering price opening day. NNE is developing two reactor designs for remote deployment, while OKLO has signed a letter of intent to supply FANG with its design to support oilfield electrification efforts.
Key public and private investors in these technologies are a who’s who of tech giants and industrial powerhouses. Bill Gates (TerraPower), Sam Altman (OKLO), Nucor (NuScale) and Dow (X-energy) are all heavily invested in the success of this technology to help decarbonize their businesses. More on developments in the space here
Unlike today’s reactor fleet, Generation IV reactors operate at much higher temperatures, some reaching over 900 Celsius. The success of those technologies would be massively impactful for heavy industry and mining where heat input is the greatest barrier to decarbonization, developing nations and remote communities. With so many of these designs being actively pursued across the globe, we believe it is a matter of when, not if, players in the space begin to flourish.
Please contact intelligence@enverus.com if you have any issues accessing links or if you would like to learn more about Enverus products and services.
Research Highlights
(You must be an Enverus Intelligence® Research subscriber to access links below.)
- Advanced Reactor Summit XI – Atomic Energy Proliferates – Members of our Energy Transition Research team attended the Advanced Reactor Summit XI in Houston, Texas, in April. The conference brought together a surprising mix of technologists, vying consumers, policymakers and leaders from molecule-focused energy sectors.
- EVOLVE 2024 – Clean Hydrogen: Hype Meets Reality – Mounting hype for hydrogen technology has yet to translate to meaningful commercial liftoff. We apply a robust investment framework to identify defensible business models and projects across the hydrogen production space.
- EVOLVE 2024 – Optimizing the Grid: Balancing the Three-Legged Stool – This presentation, shown at EVOLVE 2024, explores the optimal composition of renewables on the grid that minimizes costs to the consumer, maintains grid reliability and meets emission targets.
About Enverus Intelligence®| Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations, and macro-economic forecasts and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. Click here to learn more.
