Oklo CEO Jacob DeWitte on Nuclear Partnerships, Power Demand, and Policy
CNBC TelevisionJune 7, 20254 min4,090 views
11 connectionsΒ·15 entities in this videoβOklo's Global Nuclear Partnership
- π€ Oklo has announced a new partnership with Korea Hydro and Nuclear Power (KHNP) to collaborate on developing and deploying nuclear technology.
- π‘ This collaboration aims to leverage KHNP's extensive experience as a premier nuclear constructor, with a track record of delivering projects on time and on budget since the 1970s.
- π The partnership is expected to accelerate Oklo's deployment plans both internationally and domestically within the US.
Policy and Regulatory Environment
- πΊπΈ Recent executive orders signed by President Trump signal a strong commitment to boosting US nuclear energy production and easing regulations.
- π― These policy shifts are creating an environment where nuclear power is seen as an inevitable and crucial part of the energy landscape.
- π Oklo is evaluating the impact of these executive orders, which could potentially firm up or even accelerate their project timelines.
Nuclear Power Demand and Public Opinion
- π‘ There is significant public support for nuclear energy as a clean energy source that enhances grid reliability and energy affordability.
- π The demand for nuclear power is driven by the need for a substantial energy footprint to support advancements in areas like AI and job creation.
- π€ Support for nuclear energy is bipartisan, with consistent escalation of support across multiple presidential administrations.
Timeline for Nuclear Footprint Expansion
- π― Oklo is aiming for its first plant to be operational by late 2027 or early 2028.
- β‘ The new policy environment and executive orders may offer opportunities to achieve these timelines more efficiently.
- π¬ There's a focus on modernizing risk assessment for nuclear technology, emphasizing first principles and technology over purely administrative aspects.
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Whatβs Discussed
OkloNuclear EnergyKorea Hydro and Nuclear PowerKHNPNuclear Power PlantsExecutive OrdersEnergy PolicyRegulatory ModernizationPublic OpinionGrid ReliabilityClean EnergyAIEnergy DominancePermitting
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