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SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) ("Oklo"), an advanced fission power and nuclear fuel recycling company, announced today that the U.S. Department of Energy (DOE) and the Idaho National Laboratory (INL) have completed the environmental compliance process addressing the DOE requirements for site characterization at Oklo’s first commercial advanced fission power plant site at INL.
This process, resulting in an Environmental Compliance Permit, marks a significant milestone as Oklo advances its plans to deliver the first commercial advanced fission power plant in the United States. This announcement follows the recent finalization of a Memorandum of Agreement with the DOE, which initiates site characterization activities. It also comes on the heels of the DOE approval of Oklo’s Conceptual Safety Design Report for its Aurora Fuel Fabrication Facility, which will recycle nuclear material at INL to fuel the Aurora powerhouse.
“These approvals represent pivotal steps forward as we advance toward deploying the first commercial advanced fission plant,” said Jacob DeWitte, CEO and Co-Founder of Oklo. “With this process complete, we can begin site characterization. Our unique business model of selling power directly to customers rather than power plants, combined with our early mover advantage, positions us to respond to a growing order book effectively and meet diverse energy needs across data centers, industrial processes, defense, and off-grid communities."
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the U.S. Department of Energy, was awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom combined license application to the Nuclear Regulatory Commission, and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.