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Conference Spotlight
Nuclear Energy Conference & Expo (NECX)
September 8–11, 2025
Atlanta, GA|Atlanta Marriott Marquis
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Aalo secures $100 million in Series B funding
It was near-certain that more good news was on the horizon for some of the 10 companies recently selected for the Department of Energy’s Nuclear Reactor Pilot Program. Now, only one week later, one of those companies—Aalo Atomics—has become the first to make a major headline with its announcement that it has secured $100 million in Series B funding.
Educational Session|Panel|Cost Reduction Opportunities
Tuesday, August 9, 2022|3:30–5:00PM EDT|Calusa 10
Track Organizer:
Tim Schlimpert (MCR Group)
Knowledge Manager:
Matthew Mairinger (OPG)
Utilities are in the business of making electricity, should they invest in resources and subject matter experts for specialty programs, software tools, fabrication of one-of-a-kind hardware, etc. This session will discuss potential cost saving ideas by outsourcing certain activities and tasks to qualified industry vendors.
Running a safe and reliable nuclear power plant requires coordination of many activities, operations, licensing, plant upgrades and maintenance, refueling to name few. Utilities need to decide which tasks they should do with their in-house resources or outsource the task to a specialty vendor. While in general, many larger activities are outsourced to specialty vendors, like refueling, steam generator replacement, control room upgrade, digital I&C, etc., are there other specialty tasks that can be outsourced to specialty vendors.
The panel will discuss examples of activities that have been outsourced by some utilities and the cost savings associated with such activities. The cost savings achieved by outsourcing should consider not only the cost associated with the implementation of the task, but also assess any additional cost savings in the long run by not having such specialty resources, staffing in house for a very specialized, or one-of-a-kind task. An example of this will be a legacy programs or software database or software tool that the utility may have implemented or inherited decades ago, and now the subject matter expert is retiring.
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