Steady Energy: Making nuclear energy simple, safe, and cost-effective.
Steady Energy designs, constructs, and operates modular, advanced nuclear heating power plants. Their elegantly simple approach enables scalable, cost-disruptive, carbon-free industrial and district heating.
Steady Energy has developed a dramatically simplified, proven light water nuclear technology by focusing solely on the most cost-competitive method to produce low-temperature heat. Their proprietary solution offers carbon-free firm power with walk-away passive safety features, with breakthrough reductions in cost.
At the center of Steady Energy’s solution lies their 50MW-thermal modular nuclear reactor. The reactor and entire power plant are designed for modularity to drive learning rates and scalability without the need for any economies of mass manufacturing. Steady Energy’s technology is also highly efficient, converting over 95% of potential energy into usable heat.
In 2022, the company spun out of Finland’s technical research center, VTT, where they had been working on the unique technology and design since 2018.
Q & A with Steady Energy
- What motivated you to create your company?
We need to rapidly grow and decarbonize our energy system. Nuclear energy is one of the most proven and valuable tools to do just that. To be a valuable part of the solution, nuclear energy has to address the primary issue of cost. Steady Energy's aim is to make nuclear energy so simple that it is cost-disruptive.
- Why did you choose to partner with Valo?
Valo's focus on technology companies that have huge potential to scale and solve a massive problem, and in doing so deliver outsized positive impact, is a perfect match for Steady Energy. We need partners that have vision and audacity.
