Nuclear startup Oklo's recent agreement with Switch to build small modular reactors represents a significant step forward, but it heavily depends on overcoming regulatory hurdles and market competition.
Despite securing a deal to supply 12 gigawatts of electricity by 2044, Oklo has yet to receive necessary approval from the Nuclear Regulatory Commission, as its previous application was denied.
The company is optimistic about its future following a reverse merger with AltC, but it acknowledges the lengthy NRC approval process and the competition in the nuclear energy sector.
If everything goes as planned, Oklo aims to deliver its first reactor by 2027, contingent upon successful navigation of regulatory requirements and market pressures from both nuclear and renewable sources.
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