Upstart Oklos Brings New Energy to Nuclear

Oklo:

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 “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” 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, 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 development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).

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Former Exxon Exec has Passed to an Even Hotter Place

The essential video above starts with remarks from former Exxon CEO and Trump Secretary of State, and friend of Putin, Rex Tillerson – but includes video of Lee Raymond in classic Climate Denial form.
Raymond passed last weekend, no doubt to a hotter place.

Heatmap:

Today, people throw around the “climate change denier” label often enough that it has lost some of its charge. But Raymond was the genuine article, a true villain. It was Raymond who turned ExxonMobil into one of the world’s most important funders of falsehood and denial about fundamental climate science research. 

Raymond, an engineer by training, straightforwardly rejected the mainstream scientific consensus that carbon dioxide emissions from fossil fuels cause climate change. Even though Exxon’s in-house climate research arm knew by the late 1970s that “there is no doubt” fossil fuels worsened the “potential problem of CO2 in the atmosphere,” Raymond did everything he could to elevate more industry-friendly perspectives. And he was willing to muddy the truth to win. 

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“Absurd” June Set Up Threatens Midwest

“I never saw anything like this” is something we hear a lot these days.

Last night I attended a Planning Commission meeting in nearby Tittabawassee Township, where they were considering a permit for a 200 MW battery storage facility.

I usually don’t bring up climate change, or even weather, in these events – but this community was just hit by a very rare tornado last week, so fresh in mind, and we had another severe storm the following day, and forecasts are for more coming this week.
With that in mind, I argued that creating more resilience and capacity on the grid was essential for the safety of local communities in an era where we are seeing more extreme weather, “..no matter WHAT you think is causing it.”
Slight nods all around.

Permit passed by a 4-3 vote. We are gaining momentum.

Another Youtuber Meteorologist report below.

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Put Data Centers to Work – Lowering Electric Rates

Jigar Shah:

Every bill introduced, every executive order signed, every public hearing held has asked the same question: how do we stop trillion-dollar tech companies from making your electric bill go up? A handful of researchers, one Minnesota utility, and one forward-looking UK think tank are now asking a better quesion: what if we required data centers to actively lower your bill as the price of building in your community?

The context is this. At least 25 U.S. data center projects were canceled in 2025 due to local community opposition — quadruple the number canceled in 2024. Communities are saying no, not because they’re anti-technology, but because the deal on offer is a bad one. A million-square-foot facility rises on the edge of town, draws enough power to light a small city, and residents get what, exactly? An electric bill that may or may not go up depending on how well regulators did their jobs.

The Centre for Net Zero — Octopus Energy’s research arm — just modeled what happens when you flip that deal. They surveyed public attitudes toward different data center connection models. The results should be required reading for every governor with a data center in their state.

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Another Severe Outbreak Coming in Midwest

Atmospheric pressures forecast for Michigan and Wisconsin equivalent to a Cat 1 Hurricane.

Meteorologist Pushes Back on Trump Weather Tweets

PBS Horizons: Fact Checking on Data Centers

Michael Webber of University of Texas is the featured expert.

Money quote: “It can be that they’re part of the solution.”

Graph from Lawrence Berkeley Lab shows that some states have increased electricity demand, in part from Data Centers, and seen rates increased. A larger number of states have seen rates decline after the same demand growth