The space race is in full gear. In 2022, the space sector accounted for 0.5% of the nation’s GDP, or $131.8 billion. According to the latest government data, the industry also experienced real GDP growth of 2.3%, higher than the overall U.S. growth rate of 1.9%. Additionally, the space economy has been a significant driver...
For the first time in more than two decades, researchers at the US Los Alamos National Laboratory (LANL) have performed critical experiment using high-assay low-enriched uranium (HALEU) TRISO (TRI-structural ISOtropic) fuel. The Deimos experiment was performed at the National Criticality Experiments Research Centre (NCERC) outside of Las Vegas, operated by LANL at the Nevada National...
The energy landscape in the U.S. is undergoing a seismic shift, owing in part to the exponential growth of generative artificial intelligence (AI) applications and data centers, according to McKinsey & Company. This rise in energy demand is further exacerbated by the country’s increasing seasonal cooling and heating needs due to extreme weather. To offset the rising...
Copper has been called the mineral of electrification. We will need a massive amount of it to support the rapid growth in demand for electricity – for decarbonizing power generation and the grid, for electrifying buildings, transportation and industry, and for bringing electricity to the world’s population that doesn’t have it today. And there’s a...
The holiday season is a time for family and friends. It’s also a time of busy travel, as Thanksgiving and Christmas are among the busiest travel days of the year. With that comes grumbling about congested airports and steep ticket prices. In an effort to reduce costs and reduce the environmental impact of air travel,...
A supplier of fuel for nuclear power plants announced a $60 million expansion in Tennessee on Wednesday, promising to resume and grow its manufacturing of high-tech centrifuges there to enrich uranium at its facility in Ohio. The expansion by Centrus Energy at its massive facility in Oak Ridge comes as the U.S. ramps up its...
Reducing global carbon dioxide emissions is an essential part of fighting climate change. However, not every industry can easily decarbonize, so carbon capture is essential.
Political uncertainty over the past few months has hindered U.S. leadership in the global hydrogen sector. The Biden administration struggled to formalize a long-term clean hydrogen policy, posing risks to the country’s energy security. Following the recent election results and upcoming change of administration, there is now an opportunity to accelerate the adoption of clean...
Increasingly, datacenter operators are putting their faith in the promise of miniaturized nuclear power plants – better known as small modular reactors (SMRs) – to fuel their ever-growing energy demands. Sam Altman-backed SMR startup Oklo says it’s obtained letters of intent from two major – but unnamed – datacenter providers to deliver up to 750 megawatts of...
Houston-based private equity firm Pelican Energy Partners has raised a $450 million fund to invest in nuclear energy services and equipment companies. Pelican had aimed to raise $300 million for Pelican Energy Partners Base Zero LP and had imposed an initial “hard cap” of $400 million. Investors include endowments, foundations, family offices, and pension plans....
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