US Stock Market Move | "Nuclear power stocks rose across the board, OKLO Inc (OKLO.US) rose more than 10%."

date
15/01/2025
avatar
GMT Eight
On Wednesday, US nuclear stocks rose across the board, as of the time of writing, OKLO Inc (OKLO.US) rose more than 10%, NuScale Power (SMR.US) rose more than 8%, Constellation Energy (CEG.US) rose more than 4.7%, and Talen Energy (TLN.US) rose more than 3%. On the news front, as the world actively seeks Clean Energy Fuels Corp. to address climate change, several nuclear energy companies are developing "mini-reactors" the size of shipping containers, hoping to compete with batteries and become a new zero-carbon energy source. The goal of mini-reactors is to replace diesel and natural gas generators, which are widely used in data centers, remote communities, offshore oil and gas platforms, and other areas. The output power of mini-reactors is typically around 20 megawatts, enough to power approximately 20,000 households.

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