Oklo Is Interesting, but This Nuclear Stock Is a Better Buy
The US Department of Energy aims to triple the country's nuclear output by 2050, and Microsoft is partnering with Constellation Energy to resurrect the Three Mile Island nuclear plant. Oklo and BWX Technology are developing small modular reactors (SMRs), with Oklo's prototype using liquid sodium to cool its reaction.
The world has entered a nuclear renaissance, with the US Department of Energy aiming to triple the country's nuclear output by 2050. Microsoft is partnering with Constellation Energy to resurrect the Three Mile Island nuclear plant to power its data centers. Small modular reactors (SMRs) are a potential solution to the energy needs of data centers. Oklo's prototype Aurora reactor uses liquid sodium to cool its reaction, making it more fuel efficient and producing less waste. Oklo has been awarded over $15 million by the Department of Energy to build a fuel recycling facility in Tennessee. However, Oklo generates no revenue, making it dependent on government grants and investor dollars.
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