Today is Memorial Day in the United States. It is a day to remember and honor the men and women who died in military service defending our country. I have put my American flag out today in their honor.
If you have lost a family member or someone in your life you have my condolences. All my family members have returned from wars back to the Civil War, although one has severe injuries he will carry the rest of his life.
Here are three items that caught my eye.
A free webinar hosted by Wood Mackenzie, tomorrow morning, 9:30 am Central Time.
Federal funds awarded for SMR deployment, possible business opportunity for small business.
Ford Energy business financing details.
Wood Mackenzie is hosting a free webinar panel discussion of the Strait of Hormuz
Source: Wood Mackenzine newsletter
The Strait of Hormuz is in the news. A panel of four experts will discuss possible outcomes for opening the strait. Register below
Link: WoodMac summary, Strait of Hormus
Link: WoodMac webinar registration
Quote:
“In response, in this month’s Horizons report, we set three distinct scenarios – Quick Peace, Summer Settlement and Extended Disruption – each mapping different timelines for reopening the Strait and the resulting impacts across oil, gas, LNG and the global economy.
Horizons Live will bring together our experts to unpack the scenario outcomes and answer your questions.”
aaaaa
US federal funds awarded to spur SMR deployment. Site development work may be an opportunity.
Source: World Nuclear News
Eight companies have been selected in a $94 billion federal cost-sharing program. Half the money is for site selection and development work that has not yet happened. This article names the recipients and the scope of their projects.
Link: Federal funds articel
Quote:
“Roughly half of the funding has been allocated to projects related to SMR site selection and preparation. Constellation SMR Development LLC will receive USD17.3 million to pursue a US Nuclear Regulatory Commission (NRC) approved Early Site Permit (ESP) for a location in New York to support the future deployment of Gen III+ SMRs, while Nebraska Public Power District will receive USD27.9 million to obtain an NRC approved ESP for a location in Nebraska to support the future deployment of Gen III+ SMRs.”
Ford Energy splits from BlueOval SK in Kentucky, restructures EV business.
Source: EV magazine
Ford Motor Company and SK On had a joint venture company they have now dissolved, BlueOval SK. It owned two factories, one in Kentucky and one in Tennessee. Each parent company took one in the settlement. Ford’s is the Kentucky location. The Kentucky plant will be the source of stationary batteries for the new Ford Energy business.
This article discusses details of Ford’s strategy.
Link: EV article - Ford battery plans
A quote:
“Ford’s Broader EV Restructuring
The BlueOval SK dissolution and Kentucky pivot are part of a wider pullback from Ford‘s original EV ambitions.
Late last year, the company announced a $19.5 billion write-down related to its electric vehicle strategy.
By then, Ford said it would restructure its EV business to focus on lower-cost models built on a new Universal EV Platform.”
