Oklo's CEO Says Used Nuclear Fuel in the U.S. Is Worth More Than Saudi Arabia's Oil Reserves. Here's His Case.
Key PointsOklo argues that spent U.S. nuclear fuel still contains substantial usable energy, a claim supported by DOE’s “90% remains” point.
Oklo CEO asserts that the used nuclear fuel in the U.S. is worth more than Saudi Arabia's oil reserves. Currently, the U.S. stores approximately 94,000 metric tons of spent nuclear fuel in various facilities, which, while safely contained, also contain isotopes with half-lives of nearly 25,000 years. Despite the hazardous nature of this material, Oklo argues that the spent fuel still holds considerable energy potential.
The company's proposition, supported by scientific evidence and regulatory backing, suggests that the energy stored in this fuel could surpass the value of Saudi Arabia's oil reserves.
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