CORE POWER, a Nucleation portfolio company, has joined ABS and Athlos in a new consortium to assess floating nuclear power in the Mediterranean...
CORE POWER has joined ABS and Athlos Energy to form a new consortium studying floating nuclear power solutions for Mediterranean ports, islands, and coastal communities...
Gary Bergstrom, a hedge fund manager, is yet another technically-expert and sophisticated investor willing to place a bet on advanced nuclear to solve for clean, inexpensive energy. He’s backing a plan to mass-produce small nuclear reactors at a shipyard in South Korea that can be delivered by sea. A planned demonstration model may cost as little as $1 billion, substantially less than the $20 billion that big projects can cost, and the designs may eventually produce electricity for about 3 cents a kilowatt-hour.
Read more at Bloomberg: Floating Nuke Power Plants Get Backing From Quant Investor.
Published by Nucleation Capital in Climate change, Construction costs, International support for nuclear, LINKS, Nuclear innovation
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