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14 November 2024

Daily Newsletter

14 November 2024

Oklo partners with data centre providers to supply 750MW clean power

The new partnerships expand Oklo's customer pipeline to approximately 2.1GW across the US.

Umesh Ellichipuram November 14 2024

Oklo, a US-based developer of fast fission power plants, has secured letters of intent (LOIs) with two data centre providers to deliver up to 750MW of low-carbon power.

Under these LOIs, Oklo will collaborate with the data centre companies to deploy its powerhouses in select markets.

Oklo's Aurora powerhouse design offers a flexible solution, providing power directly on-site or nearby with units of 15MW and 50MW that can be deployed in phases.

The deployment model proposed by Oklo is designed to help industries reduce their reliance on traditional power grids.

By providing a dedicated source of clean energy, these industries can preserve grid stability and potentially avoid additional costs to local ratepayers, the company said.

This initiative addresses the critical need for sustainable and reliable power, supporting Oklo's expanding footprint, which includes announced US-based sites in Idaho, Ohio, Texas, and Wyoming.

These new partnerships with data centres expand Oklo's customer pipeline to approximately 2.1GW across the US.

Oklo co-founder and CEO Jacob DeWitte said: “The strong customer response reflects confidence in Oklo’s clean, reliable, and affordable power solutions.

“Our approach helps enable customers to scale sustainably with reliable power aligned to their long-term goals.”

Earlier this month, Oklo secured an environmental compliance permit from the US Department of Energy (DOE) and the Idaho National Laboratory for its fission power plant site.

The permit enables Oklo to move forward with its plans to deploy the first commercial advanced fission power plant in the country.

The company stated that this follows the finalisation of a memorandum of agreement with the DOE, marking the start of site characterisation activities.

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