Oklo Advances Plans for Idaho Microreactor

Nuclear startup Oklo has finalized a memorandum of agreement with the U.S. Department of Energy (DOE) to conduct site investigations for its proposed microreactor at Idaho National Laboratory, marking a significant step towards its first commercial reactor, expected to be operational by 2027. The agreement allows for essential geotechnical assessments and environmental surveys, positioning Oklo for a potential groundbreaking in 2026. CEO Jacob DeWitte emphasized the importance of early site preparation to maintain project timelines, although he acknowledged risks related to obtaining Nuclear Regulatory Commission (NRC) approval, as their first application was rejected in 2022. Oklo's microreactors, designed to produce between 15 and 100 megawatts, aim to meet the increasing energy demands of data centers and other facilities as the tech sector pivots towards nuclear energy amid rising electricity needs. The company's innovative design allows for smaller land use and reduces reliance on water for cooling, making them suitable for remote locations. Backed by Sam Altman, Oklo's progress reflects a growing interest in advanced nuclear technology as a sustainable energy solution.