Oklo Completes Environmental Compliance Process to Begin Site Characterization for its Commercial Powerhouse in Idaho
Oklo (NYSE: OKLO) has completed the environmental compliance process with the U.S. Department of Energy (DOE) and Idaho National Laboratory (INL) for site characterization of its first commercial advanced fission power plant site at INL. The company received an Environmental Compliance Permit, following a recent Memorandum of Agreement with DOE and approval of its Conceptual Safety Design Report for the Aurora Fuel Fabrication Facility. Oklo's business model focuses on selling power directly to customers across data centers, industrial processes, defense, and off-grid communities.
Oklo (NYSE: OKLO) ha completato il processo di conformità ambientale con il Dipartimento dell'Energia degli Stati Uniti (DOE) e l'Idaho National Laboratory (INL) per la caratterizzazione del sito della sua prima centrale elettrica commerciale a fissione avanzata presso l'INL. L'azienda ha ricevuto un Permesso di Conformità Ambientale, a seguito di un recente Memorandum di Intesa con il DOE e approvazione del suo Rapporto di Progetto di Sicurezza Concettuale per l'Aurora Fuel Fabrication Facility. Il modello di business di Oklo si concentra sulla vendita di energia direttamente ai clienti, che includono centri dati, processi industriali, difesa e comunità non collegate alla rete.
Oklo (NYSE: OKLO) ha completado el proceso de cumplimiento ambiental con el Departamento de Energía de EE. UU. (DOE) y el Laboratorio Nacional de Idaho (INL) para la caracterización del sitio de su primera planta de energía comercial de fisión avanzada en INL. La compañía recibió un Permiso de Cumplimiento Ambiental, tras un reciente Memorando de Acuerdo con el DOE y la aprobación de su Informe de Diseño de Seguridad Conceptual para la Instalación de Fabricación de Combustible Aurora. El modelo de negocio de Oklo se centra en vender energía directamente a clientes en centros de datos, procesos industriales, defensa y comunidades fuera de la red.
Oklo (NYSE: OKLO)는 미국 에너지부(DOE) 및 아이달로 국립 연구소(INL)와 함께 INL에서 첫 상업용 고급 핵분열 발전소 부지에 대한 환경 준수 절차를 완료했습니다. 이 회사는 DOE와 최근 체결한 협약서에 따라 환경 준수 허가를 받았으며, 오로라 연료 가공 시설에 대한 개념 안전 설계 보고서도 승인받았습니다. Oklo의 비즈니스 모델은 데이터 센터, 산업 공정, 방위 및 오프그리드 커뮤니티와 같은 고객에게 직접 전력을 판매하는 데 중점을 두고 있습니다.
Oklo (NYSE: OKLO) a terminé le processus de conformité environnementale avec le Département de l'Énergie des États-Unis (DOE) et le laboratoire national de l'Idaho (INL) pour la caractérisation du site de sa première centrale électrique commerciale à fission avancée à l'INL. L'entreprise a reçu un permis de conformité environnementale, suite à un récent mémorandum d'accord avec le DOE et à l'approbation de son rapport de conception de sécurité conceptuel pour l'Aurora Fuel Fabrication Facility. Le modèle commercial d'Oklo se concentre sur la vente d'énergie directement aux clients dans les centres de données, les processus industriels, la défense et les communautés hors réseau.
Oklo (NYSE: OKLO) hat den Prozess der Umweltkonformität mit dem US-Energieministerium (DOE) und dem Idaho National Laboratory (INL) abgeschlossen, um den Standort seiner ersten kommerziellen Kernspaltungs-Energieerzeugungsanlage am INL zu charakterisieren. Das Unternehmen erhielt eine Umweltkonformitätserlaubnis, nachdem kürzlich ein Memorandum of Agreement mit dem DOE unterzeichnet und der Bericht über das konzeptionelle Sicherheitsdesign für die Aurora Fuel Fabrication Facility genehmigt wurde. Das Geschäftsmodell von Oklo konzentriert sich darauf, Energie direkt an Kunden in Rechenzentren, industriellen Prozessen, Verteidigung und abseits des Stromnetzes befindliche Gemeinschaften zu verkaufen.
- Obtained Environmental Compliance Permit for site characterization
- Received DOE approval for Aurora Fuel Fabrication Facility's Conceptual Safety Design Report
- Secured Memorandum of Agreement with DOE
- Positioned as first-mover in commercial advanced fission power plant deployment
- None.
Insights
The environmental compliance process completion is particularly noteworthy as it addresses one of the key regulatory requirements for nuclear facility siting. This systematic approach to development helps de-risk the project while maintaining momentum toward commercialization.
Landscape view of Oklo's preferred site in
This process, resulting in an Environmental Compliance Permit, marks a significant milestone as Oklo advances its plans to deliver the first commercial advanced fission power plant in
“These approvals represent pivotal steps forward as we advance toward deploying the first commercial advanced fission plant,” said Jacob DeWitte, CEO and Co-Founder of Oklo. “With this process complete, we can begin site characterization. Our unique business model of selling power directly to customers rather than power plants, combined with our early mover advantage, positions us to respond to a growing order book effectively and meet diverse energy needs across data centers, industrial processes, defense, and off-grid communities."
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the
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 benefits of the completion of the environmental compliance process, 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; 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
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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
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