In a stunning move, reminiscent of the first few months of Putin's invasion of Ukraine, European NatGas prices exploded a stunning 40% higher YESTERDAY ALONE
Disclaimer
This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Related Articles
Source: HolgerZ, Bloomberg
🟢 Oklo ($OKLO) shares surged 29% on Wednesday after the company was named the intended awardee for a Department of Defense project to deliver clean energy to Eielson Air Force Base in Alaska. The Defense Logistics Agency Energy issued a Notice of Intent to Award (NOITA), designating Oklo as the preferred provider following a competitive evaluation process. Under the proposed agreement, Oklo will design, build, own, and operate an Aurora powerhouse—a microreactor that provides both electricity and heat—at the remote military base. ➡️ Oklo Inc. is an advanced nuclear technology company headquartered in Santa Clara, California, founded in 2013 by Jacob DeWitte and Caroline Cochran, both MIT graduates. The company focuses on designing and deploying compact fast reactors, aiming to provide clean, safe, and affordable energy at a global scale. Oklo’s flagship product is the Aurora powerhouse, a small, liquid metal-cooled fast reactor designed to generate between 15 and 75 megawatts of electrical power (MWe). This reactor can operate for up to 10 years without refueling and is intended for off-grid applications such as data centers, artificial intelligence infrastructure, remote communities, industrial sites, and military bases.
The consortium has been selected as the preferred bidder out of four developers shortlisted last year. The selection marks a step forward for the technology in the UK, although SMRs are not likely to be up and running in Britain until the 2030s. It comes as the government announced £11.5bn of new state funding on Tuesday for a new large-scale power plant, Sizewell C in Suffolk. The government said it would pledge £2.5bn for SMRs over the current spending review period. The Rolls-Royce consortium was among four bidders shortlisted last year, including US-owned rivals Holtec Britain and GE Hitachi, and Canadian-owned Westinghouse Electric. The latter had dropped out earlier this year. SMR is a catch-all term for relatively small nuclear power plants using different technologies, parts of which can be built off-site. Proponents say their size and modular construction mean it should be possible to build them with fewer of the delays and cost blowouts that have dogged larger models. However, critics caution that there is so far no certainty that the purported benefits will materialise. Source: FT ➡️ https://lnkd.in/eF8Zp_xj