Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
Publishing timestamp: 2024-09-07 10:43:33
Summary
New small modular nuclear reactors could revolutionize the power source industry, but the cost of building the first-of-its-kind project has been a hurdle in the U.S. Companies like Dominion Energy and Holtec International are exploring the possibility of building small reactors at their facilities, while Constellation Energy is looking to upgrade existing plants with small reactors. Tesla receives a buy rating from William Blair for its energy storage business, while Wells Fargo predicts growth in the LNG market. Goldman Sachs discusses the potential for a California oil company to marry carbon capture and natural gas to meet data center demand.
Sentiment: MIXED
Keywords: breaking news: markets, breaking news: technology, markets, southern co, business news, nuscale power corp, technology, constellation energy corp, energy, dominion energy inc,
Source: https://www.cnbc.com/2024/09/07/how-small-modular-reactors-could-expand-nuclear-power-in-the-us.html