Bloomberg Law
Feb. 13, 2019, 8:01 PM

Advanced Nuclear Reactors Targeted for Late 2020s, Companies Say

Bobby Magill
Bobby Magill

Kairos Power LLC and Terrestrial Energy Inc. plan to have the first of their advanced nuclear reactor designs operating by the end of the next decade, company officials said Feb. 13.

The two companies are separately developing different types of advanced nuclear energy technology, with firms such as Oklo Inc. and NuScale Power even further along in their quest to build small, mass-produced nuclear reactors.

Energy Department officials see the future of the nuclear power industry in advanced reactors that can be produced en masse at a lower cost than conventional reactors.

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