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Oklo and RPower Join Forces to Accelerate Power Availability for Data Centers

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Oklo (NYSE: OKLO) has signed a memorandum of understanding with RPower to implement a phased power model for data centers. The partnership combines RPower's natural gas generators for immediate energy needs with a transition to Oklo's Aurora powerhouses for clean nuclear energy. The three-stage implementation includes: initial deployment of natural gas generators within 24 months, integration of Aurora powerhouses for emissions-free energy, and finally transitioning natural gas generators to backup roles while providing surplus power to local grids.

Oklo reports a current order book of 14 gigawatts of energy. The collaboration aims to provide a comprehensive solution for data centers facing immediate power needs while building a pathway to sustainable operations. This partnership will serve both existing and new customers, offering a turnkey solution that combines immediate power availability with future clean energy transition.

Oklo (NYSE: OKLO) ha firmato un memorandum d'intesa con RPower per implementare un modello di fornitura energetica graduale per i data center. Questa collaborazione combina i generatori a gas naturale di RPower per soddisfare le esigenze energetiche immediate con una transizione verso i centrali Aurora di Oklo per un'energia nucleare pulita. L'implementazione in tre fasi include: distribuzione iniziale di generatori a gas naturale entro 24 mesi, integrazione delle centrali Aurora per un'energia senza emissioni e, infine, il passaggio dei generatori a gas naturale a ruoli di backup, fornendo energia in surplus alle reti locali.

Oklo riporta un attuale portafoglio ordini di 14 gigawatt di energia. La collaborazione mira a fornire una soluzione completa per i data center che affrontano esigenze energetiche immediate, costruendo al contempo un percorso verso operazioni sostenibili. Questa partnership servirà sia i clienti esistenti che quelli nuovi, offrendo una soluzione chiavi in mano che combina la disponibilità immediata di energia con la transizione verso energie pulite nel futuro.

Oklo (NYSE: OKLO) ha firmado un memorando de entendimiento con RPower para implementar un modelo de suministro de energía por fases para los centros de datos. Esta asociación combina los generadores de gas natural de RPower para satisfacer las necesidades energéticas inmediatas con una transición hacia las centrales Aurora de Oklo para obtener energía nuclear limpia. La implementación en tres etapas incluye: despliegue inicial de generadores de gas natural en un plazo de 24 meses, integración de las centrales Aurora para energía sin emisiones, y finalmente la transición de los generadores de gas natural a roles de respaldo mientras se proporciona energía excedente a las redes locales.

Oklo informa que tiene un libro de pedidos actual de 14 gigavatios de energía. La colaboración tiene como objetivo proporcionar una solución integral para los centros de datos que enfrentan necesidades energéticas inmediatas, al tiempo que se construye un camino hacia operaciones sostenibles. Esta asociación servirá tanto a los clientes existentes como a los nuevos, ofreciendo una solución llave en mano que combina la disponibilidad inmediata de energía con la transición futura hacia energía limpia.

Oklo (NYSE: OKLO)는 RPower와 데이터 센터를 위한 단계적인 전력 모델을 구현하기 위한 양해각서를 체결했습니다. 이 파트너십은 RPower의 천연가스 발전기를 즉각적인 에너지 요구에 사용하고, Oklo의 아우로라 발전소로의 전환을 통한 청정 원자력 에너지를 결합합니다. 3단계 구현은 다음을 포함합니다: 24개월 이내에 천연가스 발전기 초기 배치, 배출 없는 에너지를 위한 아우로라 발전소 통합, 마지막으로 천연가스 발전기를 백업 역할로 전환하면서 지역 그리드에 과잉 전력을 제공하는 것입니다.

Oklo는 현재 14 기가와트의 에너지 주문량을 보고합니다. 이번 협력은 즉각적인 전력 요구를 가진 데이터 센터를 위한 종합 솔루션을 제공하고, 지속 가능한 운영으로 나아가는 경로를 구축하는 것을 목표로 합니다. 이 파트너십은 기존 고객과 신규 고객 모두를 위해 즉각적인 전력 가용성과 미래의 청정 에너지 전환을 결합한 턴키 솔루션을 제공합니다.

Oklo (NYSE: OKLO) a signé un protocole d'accord avec RPower pour mettre en œuvre un modèle de fourniture d'énergie par étapes pour les centres de données. Ce partenariat combine les générateurs à gaz naturel de RPower pour les besoins énergétiques immédiats avec une transition vers les centrales Aurora d'Oklo pour une énergie nucléaire propre. La mise en œuvre en trois étapes comprend : le déploiement initial de générateurs à gaz naturel dans un délai de 24 mois, l'intégration des centrales Aurora pour une énergie sans émissions et enfin, la transition des générateurs à gaz naturel vers des rôles de secours tout en fournissant une énergie excédentaire aux réseaux locaux.

Oklo annonce un carnet de commandes actuel de 14 gigawatts d'énergie. La collaboration vise à fournir une solution complète pour les centres de données confrontés à des besoins énergétiques immédiats, tout en construisant un chemin vers des opérations durables. Ce partenariat servira à la fois les clients existants et les nouveaux, offrant une solution clé en main qui combine la disponibilité immédiate de l'énergie avec la transition future vers une énergie propre.

Oklo (NYSE: OKLO) hat ein Memorandum of Understanding mit RPower unterzeichnet, um ein phasenweises Strommodell für Rechenzentren umzusetzen. Die Partnerschaft kombiniert die Erdgasturbinen von RPower für sofortige Energiebedarfe mit einer Übergangsphase zu Oklo's Aurora-Kraftwerken für saubere Kernenergie. Die dreistufige Implementierung umfasst: die anfängliche Bereitstellung von Erdgasturbinen innerhalb von 24 Monaten, die Integration von Aurora-Kraftwerken für emissionsfreie Energie und schließlich die Umstellung der Erdgasturbinen auf Backup-Rollen, während sie überschüssige Energie für die lokalen Netze bereitstellen.

Oklo berichtet von einem aktuellen Auftragsbestand von 14 Gigawatt Energie. Die Zusammenarbeit zielt darauf ab, eine umfassende Lösung für Rechenzentren bereitzustellen, die sofortigen Energiebedarf haben, während gleichzeitig ein Weg zu nachhaltigen Betrieben geschaffen wird. Diese Partnerschaft wird sowohl bestehenden als auch neuen Kunden dienen, indem sie eine schlüsselfertige Lösung anbietet, die sofortige Stromverfügbarkeit mit einem zukünftigen Übergang zur sauberen Energie verbindet.

Positive
  • Strong order book of 14 gigawatts indicates significant market demand
  • Strategic partnership enables immediate revenue generation through phased implementation
  • Expansion into data center market opens new revenue streams
  • Dual-use strategy allows for backup power sales to local grid
Negative
  • 24-month deployment timeline for initial phase may delay revenue recognition
  • Heavy reliance on future commercial availability of Aurora powerhouses
  • Memorandum of understanding status indicates non-binding agreement

Insights

The strategic partnership between Oklo and RPower represents a sophisticated approach to addressing data center power challenges. The 14 gigawatts order book suggests substantial market validation and revenue potential. The three-phase implementation strategy effectively bridges immediate power needs with long-term sustainability goals.

The model's brilliance lies in its practical approach: 24-month deployment of natural gas generators provides quick solutions for data centers facing utility constraints, while the gradual transition to Aurora powerhouses creates a clear path to zero-emission operations. This hybrid approach significantly reduces implementation risks while ensuring continuous power availability - important for data center operations.

Most notably, the Good Grid Citizen™ concept could create additional revenue streams through power grid services, potentially improving project economics. The ability to provide surplus power to local grids during peak demand periods could generate significant ancillary service revenues, enhancing the overall business case.

This partnership addresses a critical pain point in the data center industry - the growing gap between power demand and available grid capacity. The phased approach is particularly clever as it solves immediate power availability issues while providing a concrete pathway to sustainability compliance.

The transition from natural gas to nuclear power aligns with data center operators' ESG commitments while maintaining the reliability requirements of these mission-critical facilities. The backup power configuration ensures N+1 or 2N redundancy - essential for maintaining the industry-standard 99.999% uptime.

For context, major hyperscalers and data center operators have been struggling with power availability in key markets. This solution could unlock new site locations previously constrained by grid capacity limitations, potentially creating significant competitive advantages for early adopters.

Partnership Would Deliver a Phased Power Strategy Combining Natural Gas and Advanced Nuclear

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear power and nuclear fuel recycling company, has signed a memorandum of understanding with RPower, a leading provider of onsite prime and backup power solutions, to deploy a phased power model for data centers. This model combines immediate energy deployment using RPower natural gas generators with a transition path to clean, reliable energy from Oklo’s Aurora powerhouses, eliminating reliance on diesel generators and supporting scalable, sustainable operations.

Oklo Aurora powerhouse (Image: Gensler)

Oklo Aurora powerhouse (Image: Gensler)

“This collaboration aims to ensure that data centers can access reliable energy today while building a clear and practical pathway to clean energy in the future,” said Jacob DeWitte, Co-Founder and CEO of Oklo. “With a growing customer pipeline and a current order book of 14 gigawatts of energy, we are thrilled to work with RPower to address both immediate and long-term energy challenges.”

Once implemented, the phased power model is expected to work in three stages. Initially, RPower’s natural gas generators will be deployed within approximately 24 months, depending on site conditions, to meet immediate power needs for data centers that the local utility cannot serve. Next, Oklo’s advanced nuclear power solutions, the Aurora powerhouses, will be added to these sites as they become commercially available, providing emissions-free energy. Finally, over time, the Aurora powerhouses will supply the majority of the energy needed, transitioning the RPower natural gas generators to backup and resilience roles and allowing RPower to serve as a Good Grid CitizenTM by providing extra power to the local grid in times of need.

By leveraging Oklo’s advanced nuclear expertise and RPower’s deep experience with prime and backup power systems, this relationship aims to offer a comprehensive, turnkey solution and speed to market for data centers and other large energy users. Oklo and RPower intend to work together to deploy this phased power strategy on behalf of their respective existing customers as well as new customers who can benefit from this unique combination of immediately deployable natural gas generation with the ability to transition to nuclear energy solutions in the future.

“Our relationship with Oklo represents a powerful way to bridge today’s energy demands with tomorrow’s clean energy solutions,” said Jamie Smith, COO of RPower. “We are excited to bring this phased model to market, providing valuable and timely energy solutions to our customers while advancing their sustainability goals.”

About Oklo Inc.: Oklo Inc. is developing advanced nuclear power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the U.S. Department of Energy, was awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom combined license application to the U.S. Nuclear Regulatory Commission, and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.

About RPower: Founded in 2021, RPower is a power generation company spanning prime, merchant, and backup power generation solutions. RPower specializes in providing prime and backup power generation to companies with mission critical loads, with a focus on serving energy-intensive business including the Data Center and Oil & Gas segments. The RPower team of energy market professionals has a proven track record in the electric power industry serving large industrial customers and utilities with power generation project development, asset operations, asset optimization, project financing, and energy services. RPower is well capitalized and backed by I Squared Capital based in Miami, FL.

Forward-Looking Statements

This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, the timing, goals and benefits of the memorandum of understanding, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; changes in applicable laws or regulations; the risk that a binding agreement with RPower does not materialize or fails to produce the expected benefits; and the outcome of any government and regulatory proceedings and investigations and inquiries.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Media and Investor Contact for Oklo:

Bonita Chester, Head of Communications and Media at media@oklo.com

Investor Contact:

Sam Doane, Director of Investor Relations at investors@oklo.com

Source: Oklo Inc.

FAQ

What is the size of Oklo's current energy order book in 2024?

Oklo's current order book stands at 14 gigawatts of energy.

How long will it take to deploy RPower's natural gas generators in Oklo's phased power model?

RPower's natural gas generators will be deployed within approximately 24 months, depending on site conditions.

What are the three stages of Oklo's phased power model with RPower?

The three stages are: 1) Initial deployment of natural gas generators, 2) Addition of Aurora powerhouses for emissions-free energy, and 3) Transition of natural gas generators to backup roles while providing extra power to the local grid.

How will the Oklo-RPower partnership benefit data centers?

The partnership will provide immediate power through natural gas generators while offering a transition path to clean nuclear energy, eliminating reliance on diesel generators and supporting sustainable operations.

What happens to RPower's natural gas generators once Oklo's Aurora powerhouses are operational?

Once Aurora powerhouses are operational, the natural gas generators will transition to backup and resilience roles, also providing extra power to the local grid when needed.

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