About this episode
Oklo is rapidly becoming a household name, at least among households with members who pay attention to energy industry developments and/or the headliners in the financial press.
Oklo is in the process of designing and permitting a family of small modular reactors that it plans to own and operate to produce electricity, heat and isotopes that it will sell to its end customers under long term power purchase agreements (PPA).
The specific type of SMR that Oklo has chosen as the one with the best chance to economically meet its needs as a power and heat producer – over the long haul – is a liquid sodium cooled, fast neutron reactor designed to closely match the features and performance of the Experimental Breeder Reactor II (EBR-II). That impressively successful demonstration reactor, which produced about 20 MWe, ran reliably for 30 years (1964-1994).
Oklo has stated that it intends to produce 15, 50 and 75 MWe versions of the system in order to best meet the needs of the customers it is aiming to serve.
An integral part of the Oklo vision is to recycle used nuclear fuel, the material that is often referred to as spent nuclear fuel or even “nuclear waste.” The fact that the material still contains about 90-95% of its initial potential energy is finally becoming common knowledge. Oklo believes that fast spectrum reactors are the technology that is best suited for converting used fuel materials into useful energy, and it also believes that affordably recycling fuel is essential to meeting its long term economic projections.
Architectural rendering of an Oklo Powerhouse – Used with permission from Oklo
Part of Oklo’s business model is focusing on community acceptance for its powerhouses. They are designed to be aesthetically pleasing to the point where Oklo powerhouse images are often used to illustrate articles about advanced nuclear energy that focus on other companies. The company has talked about designing the stations to be community gathering places and also talked about beneficially u
