The nuclear industry is racing to launch advanced small reactors by the early 2030s, aiming to meet the deep-pocketed technology sector’s growing need for electricity to fuel artificial intelligence.
The world has relied largely on the same pressurized-water reactor technology for the past 70 years, but those plants have proven incredibly expensive to build in the U.S. in the 21st century.
The first new nuclear plant completed in decades, reactors 3 and 4 at Plant Vogtle in Georgia, infamously cost about $18 billion more than expected and opened seven years behind schedule. Each of those reactors can generate 1,114 megawatts of electricity, enough for more than 800,000 homes.
“Doing these new builds with that older, high pressure technology is just unaffordable,” Chris Levesque, CEO of TerraPower, an advanced reactor company co-founded and backed by Bill Gates, told CNBC.
Despite growing interest in restarting closed reactors, such as Palisades in Michigan and Three Mile Island in Pennsylvania, as a quicker and cheaper near-term solution, there remains “a whole lot of hesitation about a brand new plant,” Levesque said.
The advanced reactors under development promise to have smaller, lighter footprints that could make them cheaper and quicker to build when they are fully commercialized. But the industry is crowded with more than 90 different technologies in various stages of development around the world, according to the Nuclear Energy Agency.
The utility and tech sectors need to winnow down the field to five or 10 companies with the right technology, said John Ketchum, CEO of NextEra Energy, the largest power company by market capitalization in the U.S.
“A lot of them are under capitalized,” Ketchum said of the small nuclear startups designing advanced reactors. “So we’ve got to pick out the ones that we really want to get behind and make the bets,” the CEO said at the CERAWeek energy conference in Houston earlier this month.
Ketchum sees the first advanced reactor coming online around 2031 in the U.S., with more units potentially on the way around 2035. Technology companies will serve as a catalyst, with Levesque saying they are a “huge force” that can drive the industry forward due to their immense demand for electricity coupled with their deep pockets. Alphabet, Amazon, Meta and Microsoft together are worth seven times the value of the entire S&P 500 utility sector.
The following are some of the leading players in the U.S. market to revive nuclear power, all three of them private but with significant financial backing — often from tech companies — and customers already lined up.
TerraPower
TerraPower is the first advanced reactor company in the U.S. to move from design to construction, breaking ground on its first plant near a former coal site in Kemmerer, Wyoming in the summer of 2024. The company aims to start dispatching power by the end of 2030 to Warren Buffett’s PacifiCorp.
TerraPower’s Natrium reactor operates at atmospheric temperature, a feature that Levesque says will reduce construction costs.
The U.S. currently relies on reactors that operate at about 300 Celsius (572 degrees Fahrenheit) and are cooled by water. The system operates under high pressure — water boils at 100 degree Celsius — to keep the coolant liquid, and the plants need heavy, expensive components to contain the pressure, Levesque said.
TerraPower uses sodium, rather than water, as a coolant. Liquid sodium boils at 900 Celsius, much higher than the Natrium reactor’s operating temperature of around 500 Celsius. That means the plant does not need to be pressurized, Levesque said.
Using a low-pressure, lighter plant to avoid high pressure systems “reduces tons of steel, tons of concrete, labor hours, numbers of systems,” Levesque said. He estimates that Natrium plants will cost about half as much to build as a traditional nuclear plant, with prices coming down as more are built.
The Natrium reactor has a power capacity of 345 megawatts, enough for more than 250,000 homes. A plant will have the ability to ramp up to 500 megawatts for several hours by storing heat in a thermal battery made of molten salt, Levesque says. The idea is to be able to dispatch power on demand to the grid when renewable solar and wind power fade because the sun isn’t shinning or winds are slack.
TerraPower has the financial backing of its key founder Bill Gates, SK Group, one of South Korea’s largest energy providers, and ArcelorMittal, a steelmaker. Gates and SK Group led TerraPower’s $830 million funding round in 2022. The Wyoming project is backed by $2 billion from the Department of Energy, which TerraPower says it will match dollar for dollar.
TerraPower filed its construction license application with the Nuclear Regulatory Commission in 2024 and expects the regulator will issue a permit in December 2026.
“We’re trying to show folks we’re inevitable,” Levesque said.
X-Energy
Of all the advanced reactor companies, X-Energy is the first to win a direct investment from a tech company, securing hundreds of millions of dollars from Amazon to build its Xe-100 reactor.
“What this sector needs is risk capital to invest in plants because U.S. utilities aren’t doing it today,” X-Energy CEO Clay Sell told CNBC.
X-Energy’s most recent financing round raised $700 million, led by Amazon and with additional capital from Citadel founder Ken Griffin, Ares Management, Segra Capital Management, Jane Street Capital and the University of Michigan, among others.
“One of the largest corporations in America, a company that is in size larger than the entirety of the investor-owned utility sector in the U.S., was stepping forward and saying we want to facilitate the new nuclear future in the United States,” Sell said of Amazon’s investment.
The cash will largely go to completing the reactor design so it’s ready for construction, and finishing the first phase of X-Energy’s fuel facility, Sell said.
The Xe-100 is an 80 megawatt reactor sold in a pack of four units to construct 320 megawatts in total, the CEO said. The multiple units create redundancy and the small size allows the biggest component, the reactor vessel, to ship from a factory via road to the construction site, Sell said.
The reactor uses helium gas as a coolant rather than water. X-Energy has its own proprietary fuel made of graphite pebbles that contain uranium kernels encased in ceramic. Sell said the graphite can’t melt, which makes the plant “intrinsically safe.”
Amazon’s investment will finance four Xe-100 reactors in Washington state that will be built, owned and operated by Energy Northwest, a utility, with plants coming online in the early 2030s. The intent is to scale up to a dozen Xe-100s in Washington, Sell said.
X-Energy is also working with Dow Inc. to deploy four reactors at the chemical company’s manufacturing facility in Seadrift, Texas. The Department of Energy has awarded X-Energy up to $1.2 billion to develop and deploy its technoloy.
X-Energy aims to become the first company to commission an operational advanced reactor in the U.S., Sell said.
Kairos Power
Kairos Power signed a contract with Alphabet’s Google unit last year to deploy multiple, advanced reactors, aiming to supply the YouTube company with 500 megawatts of power. The first reactor is expected to come online in 2030, with additional deployments through 2035.
Financial terms of the deal weren’t disclosed, but the Google contract is “immensely important,” allowing Kairos to “plan the infrastructure not just for one project but for a series of projects,” CEO Mike Laufer told CNBC.
“It allows us to scale our infrastructure, production — our manufacturing capabilities,” Laufer said.
The 75-megawatt Kairos’ reactor will be deployed in pairs to provide 150 megawatts of total power. Similar to TerraPower, Kairos’ reactor operates at near atmospheric pressure using molten fluoride salt instead of water as coolant. Like X-Energy, Kairos uses fuel that encases uranium kernels in ceramic and graphite pebbles that can’t melt in high-temperature reactors, according to the company.
Today, there will be a “natural thinning” in the number of advance reactor companies, Kairos CEO Laufer said: “It’s going to be driven by who can actually be in a position to execute projects,” he said.
Solar panel recycler SOLARCYCLE and Arizona State University just proved that solar panels made with recycled glass work just as well as new ones.
In a new collaboration with Arizona State’s Ira A. Fulton Schools of Engineering, the solar recycling company created a prototype solar panel – what they call a “mini module”– using 50% recycled glass pulled from end-of-life solar panels. The mini module matched the performance of panels made entirely with new materials.
The research was led by Dr. Zachary Holman, Arizona State’s vice dean for research and innovation, and his team. Researcher Kate Fisher built and tested two sets of panels: one using only new glass, and the other using a 50/50 mix of new and recycled glass cullet. The recycled material came from panels processed using SOLARCYCLE’s technology.
Using industry-standard power conversion efficiency tests, the results were clear: There was no statistically significant difference in how the two types of panels performed.
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“This is exactly the kind of result we hope for when industry and academia collaborate,” said Holman. “Together, we proved that you don’t have to sacrifice performance to build solar panels more sustainably.”
This isn’t just a one-off science experiment. SOLARCYCLE says the recycled-glass panel is part of a bigger plan to make solar manufacturing more circular – and less wasteful. The company plans to build a solar glass factory in Cedartown, Georgia, next to its existing recycling factory. It’ll be the first in the world to use recycled cullet like this at commercial scale.
“By proving we can manufacture new solar panels using recycled materials that produce at peak performance levels, we’re taking a major step toward making the solar industry more sustainable, scalable, and self-reliant,” said SOLARCYCLE’s CTO and co-founder, Pablo Dias.
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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EcoFlow launches new TRAIL 60,000mAh and 90,000mAh power stations with bundles, free gear, and extra savings from $113
EcoFlow is launching its newest and most compact series of power stations with some significant savings, starting with the TRAIL 200 DC 60,000mAh Portable Power Station at $113.05 shipped, after using the code 25EFTRAFF at checkout for an additional 5% off, while the TRAIL 300 DC 90,000mAh Portable Power Station is at $151.05 shipped, after using the same promo code – and both are also getting a free RAPID 30W GaN Charger ($26 value) along with the purchase. These two new personal backup power solutions will go for $200 and $250 at full price, getting cut down to $119 and $159 in initial discounts, but you’ll also be shedding an extra $6 and $8 thanks to the bonus savings code – for combined $113 and $125 markdowns (including the free chargers) that set the bar for future discounts. Head below to learn more and browse all the bundle offers.
These new EcoFlow TRAIL 200 DC and 300 DC power stations are the brand’s most compact backup power solutions to date, rivaling Anker’s PowerCore Reserve/C200 DC/C300 DC stations in their portability and performance. The 200 DC model weighs in at four pounds and sports a 60,000mAh LiFePO4 battery, while the 300 DC is under six pounds, sitting higher at a 90,000mAh LiFePO4 capacity. You’ll get up to 220W and 300W output power with these units, with the 200 DC providing two 12W USB-A ports, a 140W USB-C port, and a 100W USB-C port, while the 300 DC has the same USB-A ports but two 140W USB-C ports and a 120W car outlet.
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The EcoFlow TRAIL DC power stations come with loads of protection measures against overvoltage, overloading, short circuiting, various temperature spikes or drops, overcurrent, and more. There are also built-in woven handles that make carrying them all the easier, though with their small designs, they can also easily stow away inside your bag. You can charge both via a standard wall outlet at up to 200W or 280W speeds, with the 300 DC bringing a 110W max solar input into the mix for solar charging.
***Note: The extra savings has not been factored into any of the prices below, so be sure to use the code 25EFTRAFF at checkout for an additional 5% off your order. All the following offers also come with a free RAPID 30W GaN Charger too!
EcoFlow TRAIL power station launch offers:
Score up to $3,150 in exclusive savings on Bluetti’s new Apex 300 versatile power station and bundles starting from $1,439
Bluetti is officially launching its new Apex 300 Versatile Power Station along with several bundle options at up to $2,600 off in initial early-bird discounts alongside an exclusive 10% bonus savings for our readers. Things start with the lone Apex 300 Power Station at $1,439.10 shipped, after using the exclusive code 9TO5TOYS10F at checkout for an additional 10% off your order. This new backup power unit will normally fetch $2,399 at full price once the early-bird savings ends, but you can take advantage of these first-time savings now to score a $960 markdown that sets the bar for future discounts in the future. Head below to get the rundown on this station’s capabilities and check out the many bundle offers also available.
If you want to learn more about this all-new power station’s monstrous capabilities and the many bundle offers we’re seeing during this launch, be sure to check out our original coverage of these exclusive deals here.
Head back to school on Lectric’s XP Lite 2.0 folding e-bikes with $365 in free gear from $999, more bundles up to $654 off
Lectric has launched its Back to School Sale that is offering up to $654 in free gear accompanying e-bike purchases, with a bunch of models seeing increased bundle sizes this time around – plus some select accessory savings too. One such model is the XP Lite 2.0 Long-Range e-bikes that are all coming with $365 in free gear at $999 shipped, while the XP Lite 2.0 JW Long-Range e-bike gets the same bundle at $1,099 shipped. You’d normally have to pay $1,364 and $1,464, respectively for these same packages at full price, but as you’re likely aware by now, the savings come in the form of the bundled gear rather than actual price cuts on the bikes themselves. We’ve been seeing these models getting much smaller bundles between $100 and $200 over the last few months, but now they’re increasing in size just in time for students prepping for their upcoming class commutes. Head below for more on these and the other deals during this sale.
Get 2,700 PSI power through this Greenworks Pro-grade electric pressure washer + foam cannon at $360
Amazon is bringing back the best pricing of 2025 on the Greenworks Pro 2,700 PSI Electric Pressure Washer with Foam Cannon at $359.99 shipped. This particular model with the added foam cannon bundle isn’t available directly from the brand’s website, with it normally fetching $450 at full price. In 2025 we’ve seen three previous discounts to this same repeating rate, with today’s deal following suit for a fourth-time opportunity, giving you a 20% markdown for $90 in savings at the second-best price we have tracked – $45 above the all-time low last spotted during Black Friday and Cyber Monday sales.
Worx’s 6.2-pound 20V PowerShare 10-inch cordless chainsaw returns to annual $100 low, more from $158
Amazon is returning the best 2025 pricing on the Worx 20V PowerShare 10-inch Cordless Chainsaw for $99.99 shipped. It’s coming down off its usual $120 price tag, and is currently going for as much directly from the brand’s website. It was priced down to $104 during Prime Day, with that rate beaten out here today as the best price we have tracked in 2025 – landing it just $11 above the all-time low that we haven’t seen in quite some time. Head below to learn more about this model and its pole saw bundle counterpart option.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
Trump’s Bureau of Ocean Energy Management (BOEM) is rescinding every single Wind Energy Area (WEA) in US federal waters, wiping out over 3.5 million acres of zones once earmarked for offshore wind development.
This masochistic move is part of Trump’s January 2025 executive order halting all offshore wind leasing and ordering a review of wind permitting. It follows a new directive from his Interior Department — “Ending Preferential Treatment for Unreliable, Foreign-Controlled Energy Sources.”
This is pure propaganda politics, not energy policy.
Trump has spent years spreading lies about offshore wind farms, from calling them “bird graveyards” to wrongly blaming them for whale deaths. Now his administration is taking a wrecking ball to one of the country’s most promising clean energy industries – just as the aging US grid faces unprecedented strain from climate change, EV adoption, and the explosion of data centers that demand massive electricity.
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Offshore wind is not unreliable. It’s already producing clean power for homes and businesses all over the world, including the US. In fact, many of the world’s most successful offshore wind developers — including European firms — have decades of experience building turbines in deep waters and tough weather. These companies work hand-in-hand with US firms, bringing expertise and creating good-paying American jobs, from manufacturing to port construction to long-term operations and maintenance.
The government’s rollback affects critical areas for future wind projects in the Gulf of Maine, New York Bight, Central Atlantic, Gulf of Mexico, California, and Oregon. By removing these designated offshore zones, Trump’s BOEM is essentially canceling the roadmap for the US’s offshore wind future – one that would have powered millions of homes, stabilized energy costs, and brought climate benefits when we need them most.
Jason Walsh, executive director of the BlueGreen Alliance, released a statement in response to this destructive decision:
Donald Trump should support the country’s progress and do everything he can to foster more resources for the people. Instead, he is trying to wipe an entire sector of the energy industry off the board at a time when our electric grid is overburdened and electric bills are rising. Attacking offshore wind will put America behind its foreign competitors, kill jobs, and weaken our energy sector.
This isn’t just an energy issue – it’s a jobs issue, a climate issue, and a national competitiveness issue. At a time when we need more power on the grid, more affordable energy, and more tools to fight climate change, the Trump administration is deliberately dismantling a homegrown solution. We will all pay for it with our wallets, and our kids will pay with their futures. Europe and China’s offshore wind industries are leaving the US in the dust.
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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