Deployable Energy signs MOU with Utah Office of Energy Development
Clean energy firm Deployable Energy has signed a memorandum of understanding with the Utah Office of Energy Development. The agreement explores the potential use of the company's nuclear microreactor technology within the state.
Deployable Energy, a company focused on designing and manufacturing compact, transportable nuclear microreactors, announced the signing of a memorandum of understanding (MOU) with the Utah Office of Energy Development on August 18.
The MOU establishes a framework to explore opportunities for Deployable Energy's clean energy technology within Utah. The state's Office of Energy Development aims to identify and support innovative energy solutions that can enhance energy security and reduce emissions.
Deployable Energy specializes in small, rapidly deployable nuclear reactors intended to provide stable, emission-free power for various applications, including remote locations or critical infrastructure.
Through this collaboration, both parties will assess the suitability of microreactors for Utah's specific needs, considering factors such as safety, efficiency, and economic viability. The agreement paves the way for potential future pilot projects and further investigation into applying nuclear technology for energy needs.