X-energy

Signing the ADVANCE Act into law is a major step forward for advanced reactors, aligning the regulatory framework with the urgency of deploying nuclear to meet growing demands for clean energy and industrial decarbonization. Nuclear energy is poised to play a leading role in powering the global economy today and well into the future. The administration and Congress – led by Senator Thomas R Carper, Senator Sheldon Whitehouse, Senator Shelley Moore Capito, and U.S. Representatives Jeff Duncan and Diana DeGette – are ensuring that America is positioned and equipped to fully harness the most promising technologies at this pivotal moment. 

We’re excited to partner with PPL Corporation and their subsidiaries, Louisville Gas and Electric Company and Kentucky Utilities Company, to evaluate opportunities for advanced small modular reactors. Together, we’ll explore the feasibility of sites across PPL as well as industrial partnerships that could enable energy-intensive customers, including manufacturers and data centers, to achieve their zero-carbon objectives while maintaining reliability and affordability. Read more at PPL: https://lnkd.in/eA5Zkegf

Last week, the X-energy team was pleased to host and participate in two events with U.S. Women in Nuclear (WIN), showcasing our efforts to bring the next generation of nuclear technology to the marketplace. We joined our ARDP partner Dow in hosting an event showcasing X-energy's industrial applications at Dow's Seadrift, Texas, manufacturing site, and also hosted DC-area WIN members at our Plant Support Center in Frederick, Maryland. Thank you, WIN, for the opportunity to bring a spotlight to our company and technology at the both of these events!

Congress created the Advanced Reactor Demonstration Program to reestablish American leadership in a new generation of nuclear energy. Through the FY25 Energy and Water Appropriations bill, Chairman Fleischmann continues to recognize the urgent need to bring advanced reactors to the marketplace. This significant step addresses not only the growing energy demands in this country but also aligns with our national security and economic interests. We commend the Chairman and members of the subcommittee for their priority of this critical program.

Judge Richard Meyer of Calhoun County and former U.S. Representative Tom Graves outline a vision for a low-carbon energy future in a recent Houston Chronicle op-ed. Their piece highlights X-energy's collaboration with Dow for the first nuclear-powered industrial manufacturing site in Seadrift, Texas, and how it can redefine scalable, zero-carbon energy solutions and drive sustainable economic growth. Read more: https://lnkd.in/e76B_UJK

One year ago, X-energy and Dow embarked on a groundbreaking journey to bring zero-carbon emissions power to Dow's Seadrift, Texas manufacturing facility. We're proud to mark this initial milestone and the progress we've made since the announcement last year. Together, we are on the path to realizing the first grid-scale SMR in Texas and the first nuclear-powered industrial site. Read more about A Year of Progress at Seadrift: https://lnkd.in/e5pV-vtK

Dow CEO Jim Fitterling joined CNBC's Squawk on the Street, highlighting the company's partnership with X-energy at its Seadrift, Texas, facility and its view of advanced nuclear technology's significant role in meeting zero-carbon energy needs. "The beauty of small modular reactors is the sensitive construction on the nuclear core happens in a facility which is well monitored, and the quality control and documentation can be well monitored. The other thing is, it's an inherently safe technology, and it takes a much smaller footprint than a big one-gigawatt reactor. So, I can put four 80-megawatt reactors on a 20-acre site right beside the Seadrift facility, and all the power and steam that I need will be zero carbon emissions." View the full interview here: https://lnkd.in/ekN9eR58

Dow CEO Jim Fitterling joined CNBC's Squawk on the Street, highlighting the company's partnership with X-energy at its Seadrift, Texas, facility and its view of advanced nuclear technology's significant role in meeting zero-carbon energy needs. "The beauty of small modular reactors is the sensitive construction on the nuclear core happens in a facility which is well monitored, and the quality control and documentation can be well monitored. The other thing is, it's an inherently safe technology, and it takes a much smaller footprint than a big one-gigawatt reactor. So, I can put four 80-megawatt reactors on a 20-acre site right beside the Seadrift facility, and all the power and steam that I need will be zero carbon emissions." View the full interview here: https://lnkd.in/ekN9eR58

X-energy applauds the passage of the ADVANCE Act in the U.S. House of Representatives. The bill’s overwhelming support underscores the importance of reducing barriers and accelerating deployment pathways to bring advanced reactors to the marketplace. Congressional action is driving energy leadership and security, ensuring that resources and technologies are fully harnessed here at home and abroad. https://lnkd.in/eYfvJ-XV

X-energy Founder and Chairman Kam Ghaffarian recently spoke at a World Economic Forum Meeting, highlighting the unique role advanced nuclear energy developers like X-energy can play in meeting the growing demands for clean power across the economy.