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Stock impact report

The UK wants to unlock a ‘golden age of nuclear' but faces key challenges in reviving historic lead [CNBC]

Oklo Inc. Class A common stock (OKLO) 
Company Research Source: CNBC
Nuclear energy accounted for 14% of the U.K.'s power supply in 2023 but is targeting 25% by 2030. The country is backing atomic projects big and small to “unlock a golden age of nuclear,” a spokesperson for the U.K. government's Department for Energy Security and Net Zero told CNBC. The Sizewell A and B nuclear power stations, operated by Electricite de France SA (EDF), in Sizewell, UK, on Friday, Jan. 26, 2024. Photographer: Chris Ratcliffe/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The U.K. was the birthplace of commercial nuclear energy, but now generates just a fraction of its power from it — big investments are underway to change that. The country once had more nuclear power stations than the U.S., USSR and France — combined. It was a global producer until 1970 but hasn't completed a new reactor since Sizewell B in 1995. Today, the country takes the crown not for being a leader in atomic energy, but for being the most expensive place in the world Show less Read more
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