Stock Talk
In my last post, I brought up the example of how OKLO is planning a 1.2-GW power campus in Ohio using its Aurora nuclear concept — eventually deploying multiple 75-MW Aurora powerhouses.
We tried to connect the dots to the notion of using the Ohio/Meta plan as a possible starting model for a similar solution in Upstate New York, where the state is seeking at least 1 GW of new advanced nuclear power. Part of the notion was to reduce dependence on electricity supplied from Canadian hydroelectric sources that are becoming a political football.
While the notion of using the Meta plan seemed reasonable, more information has now become public about a potential clash between OKLO and PJM, the regional grid operator.
The issue seems to be that OKLO and Meta added natural gas and fuel cells to the proposed project, possibly to supplement power while the Aurora nuclear units are being deployed. But combining three different types of generation has raised a separate grid-stability issue.
PJM raised concerns about whether the combined nuclear, gas and fuel-cell system could remain stable during a sudden grid voltage drop. PJM ultimately removed the 750-MW project from its current interconnection study cycle. OKLO disputes that decision and has asked FERC to order PJM to reinstate the project.
OKLO is now raising the possibility of a delay on the order of 14 months if its appeal for a quick resolution of the matter is unsuccessful.
I would like to note here that ALL of the above reinforces the notion of starting an Upstate New York plan NOW for site selection of a scalable location that can employ an SMR energy solution such as OKLO could provide with its Aurora Campus plan.
However, it also points out that trying to connect the dots in a fluid planning process, even a few years out, can affect near-term sentiment in stocks of a speculative nature.
Getting back to "the market" — it often down-prices uncertainty. At this point, OKLO remains a stock to watch, but it seems possible that complications in the OKLO/Meta plan, along with the appearance of hedging the Aurora buildout with alternate energy sources, may create bearish winds for a time.
- Jones Report
In my last post, I brought up the example of how OKLO is planning a 1.2-GW power campus in Ohio using its Aurora nuclear concept — eventually deploying multiple 75-MW Aurora powerhouses.
We tried to connect the dots to the notion of using the Ohio/Meta plan as a possible starting model for a similar solution in Upstate New York, where the state is seeking at least 1 GW of new advanced nuclear power. Part of the notion was to reduce dependence on electricity supplied from Canadian hydroelectric sources that are becoming a political football.
While the notion of using the Meta plan seemed reasonable, more information has now become public about a potential clash between OKLO and PJM, the regional grid operator.
The issue seems to be that OKLO and Meta added natural gas and fuel cells to the proposed project, possibly to supplement power while the Aurora nuclear units are being deployed. But combining three different types of generation has raised a separate grid-stability issue.
PJM raised concerns about whether the combined nuclear, gas and fuel-cell system could remain stable during a sudden grid voltage drop. PJM ultimately removed the 750-MW project from its current interconnection study cycle. OKLO disputes that decision and has asked FERC to order PJM to reinstate the project.
OKLO is now raising the possibility of a delay on the order of 14 months if its appeal for a quick resolution of the matter is unsuccessful.
I would like to note here that ALL of the above reinforces the notion of starting an Upstate New York plan NOW for site selection of a scalable location that can employ an SMR energy solution such as OKLO could provide with its Aurora Campus plan.
However, it also points out that trying to connect the dots in a fluid planning process, even a few years out, can affect near-term sentiment in stocks of a speculative nature.
Getting back to "the market" — it often down-prices uncertainty. At this point, OKLO remains a stock to watch, but it seems possible that complications in the OKLO/Meta plan, along with the appearance of hedging the Aurora buildout with alternate energy sources, may create bearish winds for a time.
- Jones Report
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More later so ....Stay tuned, if you dare!
For now, we close by noting that any view on the market and stocks on any particular day may change in the days to come. That is why we watch and see how our views match up with reality. Looking ahead a few months may be a way to do things - but thinking too deeply about world events and the recent alliances forming, can make projecting ahead a dicey endeavor.
All in all - we use the word maybe "some", not "too much" and play it accordingly. Never get arrogant in our notions because things do change - and individual stocks are subject to many factors outside our control. So, we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
ALL in my humble opinion, scroll down and read more. This site does NOT make Buy / Sell recommendations.
