Oklo anticipates deployment of its first Aurora fission plant by 2027. (Source: Oklo Inc.)
Oklo Inc. announced it has received letters of intent to deliver up to 750 megawatts (MW) of nuclear power to data centers in the U.S.
The California-based nuclear power company, which didn’t name the providers, said its customer pipeline has expanded to 2,100 MW.
In addition to the two new letters of intent, Oklo has nonbinding letters from companies including Diamondback Energy Inc., Centrus Energy Corp. and Prometheus Hyperscale. It is advancing plans to deliver a fission plant to supply the Idaho National Laboratory. The plans call for recycled nuclear material to fuel the plant, which would be the first of its kind in the U.S.
Oklo’s Aurora plants are designed to produce 15 MW to 50 MW directly at the sites that use the power. The company anticipates deployment of its first plant by 2027, spokeswoman Bonita Chester said in an email.
Recommended Reading
Plains All American Prices First M&A Bond of Year
2025-01-13 - U.S. integrated midstream infrastructure company Plains All American Pipeline on Jan. 13 priced a $1 billion investment-grade bond offering, the year's first to finance an acquisition.
Q&A: Patterson’s OFS Perspective on the Shale Boom, Pandemic and Current Upswing
2025-02-27 - Former Basic Energy Services CEO Roe Patterson details his perspective on the shale boom and the lessons learned to get back to the current upswing in the industry.
Italy's Intesa Sanpaolo Adds to List of Banks Shunning Papua LNG Project
2025-02-13 - Italy's largest banking group, Intesa Sanpaolo, is the latest in a list of banks unwilling to finance a $10 billion LNG project in Papua New Guinea being developed by France's TotalEnergies, Australia's Santos and the U.S.' Exxon Mobil.
Oil, Gas and M&A: Banks ‘Hungry’ to Put Capital to Work
2025-01-29 - U.S. energy bankers see capital, generalist investors and even an appetite for IPOs returning to the upstream space.
Argent LNG, Baker Hughes Sign Agreement for Louisiana Project
2025-02-03 - Baker Hughes will provide infrastructure for Argent LNG’s 24 mtpa Louisiana project, which is slated to start construction in 2026.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.