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Linda Schenk is the Senior Director of Finance at Kairos Power. The Kairos Power fluoride salt-cooled high temperature reactor (KP-FHR) is a novel advanced reactor technology that aims to be cost competitive with natural gas in the U.S. electricity market and to provide a long-term reduction in cost. Mr. Yang holds a B.S. Hermes - Kairos Application | NRC.gov He is currently directing teams developing the licensing strategies and licensing documents for the Kairos Power Fluoride-Salt-Cooled High-Temperature Reactor (KP FHR). The lithium-containing flibe salt will be used in the blanket for a fusion plasma break even experiment planned for the end of this decade, Forsberg said. at the Oregon State University in nuclear engineering in 2002. ARDP is designed to help domestic private industry demonstrate advanced nuclear reactors in the United States. Ms. Schenks 30 years of experience in the nuclear arena consists of notable positions at Jensen Hughes, Inc., including Director of Business Operations Power Services as well as Director of Contracts and Compliance which encompassed the companys nuclear export control program. Most new reactor development moves from design to various engineering simulations to testing components and finally becomes a full-sized, steel-and-concrete first-of-a-kind power plant. Choua obtained her MBA with a concentration in Human Resources Management from Argosy University and her Bachelor of Science in Sociology from the University of California, Riverside. DOE is supporting the technology development, construction, and commissioning of Hermes through its Advanced Reactor Demonstration Program award. . "China 2030" provides a data-powered look into the Asian giant's not-so-distant future and what it could mean for the global economy. If the experiment is a success, he added, total energy out will be more than twice the energy put in.. Previously, Ms. Klisura was in-house counsel for an independent power producer, where she worked with cross-functional teams developing utility-scale energy projects. He is currently directing teams for the development of modeling and simulation tools for the Kairos Power Fluoride-Salt-Cooled High-Temperature Reactor (KP-FHR). Demonstrating Hermes confirms you can license it, it confirms you can get it to operate, it confirms that you understand what your costs are and that your supply chain works, said Per Peterson, chief nuclear officer of Kairos. Dr. Peterson graduated from the University of Nevada at Reno with a B.S. The process for getting regulatory approval is already well under way as well, with the company submitting topical reports to the U.S. Nuclear Regulatory Commission, smoothing the way for licensing. In doing so, she draws on two decades of experience gained in law firms and corporate legal departments. He is responsible for technical strategies that support and accelerate the Kairos Power mission. Published: December 8, 2022 FOR IMMEDIATE RELEASE KAIROS POWER SIGNS AGREEMENT TO PRODUCE FUEL FOR HERMES AT LOS ALAMOS NATIONAL LABORATORY Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe announced Friday that the privately funded, advanced nuclear engineering company Kairos Power will make a major investment in Oak Ridge. Mr. Steven Yang is the Chief of Staff of Technology Development for Kairos Power. Patrick has been working in the Information Technology space for over 25 years, leading technical teams ranging from start-ups to Fortune 1000 companies, mostly in the financial, data analytics, and clean energy fields. Development efforts are focused on Reactor Protection, Plant Control, Cyber-Physical Systems, Process Control, Test Support and Electrical Systems. Mr. Haugh earned his M.S. Careers. In advance of her professional roles, Ms. Schenk completed Business Administration coursework at Diablo Valley College. As a member of the Evaluation Methodology Group, he participated in the development of the Gen IV Roadmap while serving as co-chair for the Proliferation Resistance and Physical Protection Working Group. Mr. Brandon Haugh is the Senior Director of Modeling & Simulation at Kairos Power. The companies, Bruce Power, Constellation, Southern Company and TVA, will help advance the development of the its KP . Amendments - S.2641 - Congress.gov and M.S. The Real Obstacle to Nuclear Power - The Atlantic Prior to his current role, Dr. Zweibaum was the Senior Manager of Engineering Testing at Kairos Power, where he led a team of test engineers and technicians focused on thermal-fluids experiments in support of design, technology development, and code validation for the KP-FHR. Forsberg said that salt reactors, such as the FHR to be built in Oak Ridge, would be more efficient and safer than light-water reactors (LWRs) for several reasons. Kairos Power LLC Company Profile | Alameda, CA | Competitors led by MIT for fluoride salt-cooled high temperature reactors. Because the fluoride salt has a boiling point of 1,400 degrees Celsius, you cant melt the FHR reactor down and you cant have an accident in the core as has happened in other reactors, Forsberg asserted. Before joining Kairos Power, he worked alongside co-founders Mike Laufer and Per Peterson at the University of California, Berkeley, where he designed, built, and operated the first integral effects test facility in support of FHR technology. The companies, Bruce Power, Constellation, Southern Company and TVA, will help advance the development of the its KP-FHR technology. The molten salt reactor concept championed by Alvin Weinberg, former director of Oak Ridge National Laboratory, is back. In the battle to slow devastating climate change, safer, more efficient, affordable and carbon-free fission and fusion power plants will likely be needed, and molten salts may be a key ingredient. Today, Kairos Power exists to accelerate innovation in nuclear power and enable affordable access to clean energy. This technology builds on a history of proven advanced reactor designs, from coated particle fuel to liquid fluoride salt coolants to low-pressure pool vessels. Careers - Kairos Power Development efforts are focused on technology, testing, fabrication, irradiation qualification, and supply chain for licensing and deployment of the KP FHR. Kairos Power announces $100 million investment in Oak Ridge The topical report is the first of its kind to be reviewed by the NRC and helps reduce the risk of licensing and deploying the companys next-gen reactor. in Engineering and a B.S. The company's line of business includes the generation, transmission, and/or distribution of electric energy. The coolant for the MSR is a liquid salt, and for the HTGR its helium gas. The fluoride-salt-cooled, high-temperature reactor (FHR) that Kairos Power plans to build in Oak Ridge is based on a liquid salt coolant tested in the MSR program and solid nuclear fuel pebbles developed for the HTGR program. Indicted Populists Have a History of Staying in Office, Americas Colleges Are Also Facing a Housing Crisis, Frequent-Flyer Miles Are Hotter Than Cash This Summer, AI in Hollywood Has Gone From Contract Sticking Point to Existential Crisis, Britains Youngest Workers Face a Bleak Economic Future, US Companies Caught in Diversity Crossfire Are Frozen by Uncertainty, Banks to Limit Carbon Accounting in Stock, Bond Sales: Reuters, China Raises Flood Alert for Beijing, Other Northern Areas, Phoenixs RapidGrowth Magnified Its Vulnerability to Heat, Singaporeans Turn Empty Spaces in Public Housing Into Libraries, Gardens, Moodys to Consider Exiting Londons Canary Wharf in Latest Threat to District, Wall Street Banks Side With Nemesis Elizabeth Warren on Crypto Crackdown, Binance Asks Court to DismissCFTCs CryptoLawsuit. Ms. Klisura earned her undergraduate degree from the University of Southern California and her law degree from the University of California College of the Law, San Francisco. The startup was founded in 2012. In the coming years, we plan to invest $100 million and create more than 55 high-paying jobs in Tennessee. 9 Top EV Stocks and Battery Companies | Investing | U.S. News Kairos says that its target market is to replace the power plants running on fossil fuels, many of which were built in the 1990s and will be reaching retirement age in the 2030s. Tennessee Gov. LouMartinezSancho is the Vice President of Strategy & Innovation for Kairos Power, and has over 20 years of progressive experience managing teams in an array of industries includingbio-tech, energy, automotive, and architecture, engineering and construction (AEC). "The combination of resources working to deliver innovative nuclear energy is fueled by our strong science and energy sector and the excellent work being done daily at Oak Ridge National Laboratory, led by Dr. (Thomas) Zacharia. DOE has selected these five U.S.-based teams to receive Risk Reduction funding: The goal of the ARC-20 program is to assist the progression of advanced reactor designs in their earliest phases. Kairos Power - Crunchbase Company Profile & Funding Kairos Power has chosen East Tennessee Technology Park as the site for a low-power demonstration reactor to support development of Kairos Power's fluoride salt-cooled, high-temperature reactor (KP-FHR) technology. Kairos Power was founded to accelerate the development of an innovative nuclear technology that has the potential to transform the energy landscape. Amendments to S.2641 - 118th Congress (2023-2024): A bill to amend the Internal Revenue Code of 1986 to extend the publicly traded partnership ownership structure to energy power generation projects and transportation fuels, and for other purposes. The 35-megawatt thermal Hermes test reactor, which will employ 55 people, is scheduled to start producing low-cost heat (but no electricity) in 2026. Innovation is key to reducing carbon emissionsclimate activists, energy experts and the Biden administration agree. 2023 KAIROS POWER LLC. This accomplishment strengthens our teams extensive pre-application engagement with the NRC and builds licensing certainty for our advanced reactor technology, said Mike Laufer, co-founder and CEO of Kairos Power. INFO@KAIROSPOWER.COM. One developer, Kairos Power LLC, won $303 million in funding from the U.S. Department of Energys Advanced Reactor Demonstration Program (ARDP) to build a prototype, a step on the way to its full-scale reactor. Growing from a broad research effort at U.S. universities and national laboratories, Kairos Power was founded to accelerate the development of an innovative nuclear technology that has the potential to transform the energy landscape in the United States and internationally. Development efforts are focused on system modeling, fuel performance, high temperature materials and source term modeling for licensing and deployment of the KP-FHR. in Electrical Engineering, M.S.