The American Nuclear Society is hosting "Reflections from COP28," an online panel discussion this Friday, February 2, from 12:00 noon to 1:00 p.m. (ET). The talk will look back at the event last December and will look ahead to the implications of what transpired in Dubai.
Registration for the free webinar is required.
What happened at COP28, the annual United Nations climate event held this year in Dubai, was the greatest outpouring of global support for nuclear power the world has seen since the thunderous reception to Eisenhower’s Atoms for Peace call exactly 70 years ago. For the first time, nuclear energy was specifically mentioned in the closing statement of a COP event as one possible way to combat climate change.
Signing CEOs: Centrus’s Daniel Poneman, left, and Lightbridge’s Seth Grae. (Photo: Lightbridge/X)
Nuclear fuel companies Lightbridge Corporation and Centrus Energy have announced a contract to conduct a front-end engineering and design (FEED) study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility (LPFFF) at Centrus’s American Centrifuge Plant in Piketon, Ohio.
Lightbridge chief executive officer Seth Grae and Centrus CEO Daniel Poneman inked the agreement yesterday at the COP28 conference, currently underway in the United Arab Emirates.
The FEED study, according to the joint announcement, will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF. Centrus’s wholly owned subsidiary, American Centrifuge Operating, will lead the study, which is expected to be completed sometime next year.
As Seth Grae was preparing to return home from COP27, where he attended as an American Nuclear Society delegate, he had no idea that he was about to be part of a last-minute win for nuclear energy. Grae, the founder and chief executive officer of Lightbridge Corporation (NASDAQ: LTBR), felt that the nuclear industry had exceeded expectations at the two-week conference in Sharm el-Sheikh, Egypt. The first-ever International Atomic Energy Agency pavilion dedicated solely to nuclear energy was buzzing with delegates eager to educate the public. But hours before COP27 was to end, Grae received a text—the message of which would end up reaching the conference negotiation room.
The text came from a delegate, a teenager from Sweden who spotted an issue with the preliminary draft of the final COP27 decision.
The United Nations’ COP27 conference, held this year in Sharm el-Sheikh, Egypt, from November 6 to 18, will feature the panel discussion “Energy Security” on Tuesday, November 15, at 9:00 a.m. EST (4:00 p.m. local time). The discussion is being sponsored by the review platform We Don’t Have Time; the live stream will be available to viewers on their COP27 Climate Hub website.