Oklo, a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor. WHY IT’S IMPORTANT Nuclear power companies are seeking U.S. military contracts after President Donald Trump signed executive orders last month...
The United States has delivered the final component critical to the completion of the world’s largest nuclear fusion device: the International Thermonuclear Experimental Reactor (ITER).
Congress recognized that conservation plays a critical role in global security and improved cooperation among countries when it passed the U.S. Foundation for International Conservation Act (USFICA) last December, as part of a nearly $1 trillion defense spending package.
"Rare earth elements (REE) are 17 natural elements that have become essential to America’s national security and economic prosperity. REE are needed to manufacture a multitude of products, including cell phones, batteries, airplanes, solar panels, satellites, and military technology, among many others."
Alaska may be rich in energy resources, but many communities across the state struggle to keep the lights on due to extreme weather conditions, high energy prices, and difficulty accessing fuel resources in remote areas. However, Alaska doesn’t just have abundant oil and natural gas—the state holds enormous, untapped potential for renewable energy development.
Read more in Reuters here.
"In late May, Bowery opened its third farm, located in Bethlehem, Pennsylvania, which it says will also employ at least 70 people. It plans to open two more facilities in Q1 2023 in the Atlanta, Georgia, and Dallas metro areas."
"Smart resource regulation is of course necessary, but we know more today than we ever have about how to protect the environment while powering a diverse economy. If the U.S. refuses to press its natural advantages, it will cede global leadership to China."
Making immediate expensing a permanent fixture of the tax code would provide businesses with the confidence and stability needed to undertake ambitious, forward-thinking R&D projects and investments in more energy efficient equipment.
For decades, stable demand and heavy regulation kept the energy industry predictable — but that’s changing fast. A surge in energy-intensive industries, from artificial intelligence to advanced manufacturing, is putting unprecedented pressure on the power grid.
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