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New York’s big new bet on nuclear energy

When Gov. Kathy Hochul took office in 2021, New York was in the middle of a complicated energy transition. Albany had passed one of the nation’s most ambitious decarbonization laws only two years earlier, yet the state had just shuttered its single largest source of carbon-free power: the Indian Point nuclear…
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How much of a threat do heat waves pose to nuclear plants?

Europe’s increasingly hot summers come with a worrying trend. The air conditioning that the continent long eschewed as an American indulgence is becoming a necessity, and some of the nuclear reactors needed to run those cooling units are tapping out right as thermometers spike. This summer was especially bad: The…
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Nuclear startup Oklo splits its first atoms in test reactor

Oklo , a publicly traded small-modular-reactor firm backed by OpenAI chief Sam Altman, has become one of the highest-profile companies working on next-generation nuclear energy technologies. Two years ago, it debuted on the stock market and became retail investors’ go-to for betting on America’s atomic renaissance. …
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Microreactor startup Valar Atomics raises $1B

Valar Atomics, the three-year-old microreactor developer that has a forged a close relationship with the Trump administration, has raised $1 billion in its Series B funding round as investors increasingly bet that the White House’s overhaul of nuclear regulations will clear the way for the country’s first big atomic…
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Holtec bets big on small nuclear reactors in its IPO filing

Nuclear giant Holtec International is betting big that its 300-megawatt small modular reactors are the future of atomic energy. On Friday, the Florida-headquartered firm filed paperwork with the Securities and Exchange Commission in order to sell shares in the company on the Nasdaq. Across hundreds of pages, the…
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