Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Category: Nuclear Energy
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What’s Driving the Wartime Stock Rebound
The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.
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A New Oil Shock Accelerates Return to Nuclear Power
Shocks to natural gas supplies are spurring countries in Asia and elsewhere to rethink their rejection of nuclear energy after the 2011 disaster in Fukushima, Japan.
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Why the Iran War May Force Countries to Rely Less on Natural Gas
The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
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Malfunction Forces Japan to Take Restarted Nuclear Plant Offline
The setback occurred hours after one of the world’s largest nuclear complexes restarted, ending more than a decade of dormancy following the 2011 Fukushima Daiichi meltdown.
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An Anxious Japan Restarts the World’s Biggest Nuclear Plant
Japan is reviving nuclear power, balancing the need for more clean energy against the lingering trauma of the 2011 Fukushima Daiichi disaster.
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Optimism About Nuclear Energy Is Rising Again. Will It Last?
Companies like Kairos Energy are building new types of reactors with the encouragement of the Trump administration, but their success is far from assured.
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Trump Media Merger With Nuclear Fusion Firm Raises Ethics Questions
Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
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What Trump’s Push Into Nuclear Means for the Sector (and His Net Worth)
The president’s paper wealth soared on news that the company behind Truth Social has agreed to merge with a fusion start-up. But China is way ahead in the funding race to commercialize the technology.
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Britain Gives Go-Ahead to Smaller Nuclear Reactor in Wales
The government pledged 2.5 billion pounds for initial site work, but the decision to build a small, modular design may disappoint others, including the U.S. nuclear industry.
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U.K. Gives Go-Ahead to Smaller Nuclear Reactor in Wales
The government pledged 2.5 billion pounds for initial site work, but the decision to build a small, modular design may disappoint others, including the U.S. nuclear industry.