Fermi Development
About Fermi Development
Fermi Development facilitates the deployment of modular nuclear technologies to expand nuclear energy capacity. They offer an advanced development strategy to reduce risk and unlock value in new nuclear projects. This helps the UK meet its net zero carbon emissions target by increasing nuclear power generation.
<problem> The UK faces a significant gap in nuclear energy capacity to meet its 2050 net-zero carbon emissions target, requiring substantial new nuclear developments. Traditional nuclear projects often involve high investment risk and long project timelines, hindering rapid expansion of nuclear power generation. </problem> <solution> Fermi Development addresses this challenge by integrating modular nuclear technologies with an advanced development strategy designed to reduce risk and unlock value at each stage of the project lifecycle. The company focuses on developing "Ready to Build" nuclear sites, aiming to deliver sites capable of generating at least one gigawatt of clean energy every five years. Fermi takes a technology-agnostic approach, selecting the most commercially advantageous solution for each site and balancing investment risk across a diversified portfolio of sites. This strategy offers liquidity not previously seen in nuclear investment, providing high returns and regular divestment opportunities. </solution> <features> - Portfolio-based approach to nuclear project development to de-risk investment. - Technology-agnostic selection of modular nuclear technologies based on commercial viability. - Phased, programmatic approach to site development to accelerate project timelines. - Focus on delivering "Ready to Build" sites to streamline project execution. - Diversified portfolio of sites to balance investment risk. </features> <target_audience> Fermi Development primarily targets investors seeking opportunities in the UK's energy transition, particularly those interested in clean energy infrastructure projects with attractive financial returns. </target_audience>
What does Fermi Development do?
Fermi Development facilitates the deployment of modular nuclear technologies to expand nuclear energy capacity. They offer an advanced development strategy to reduce risk and unlock value in new nuclear projects. This helps the UK meet its net zero carbon emissions target by increasing nuclear power generation.
When was Fermi Development founded?
Fermi Development was founded in 2024.
- Founded
- 2024
- Employees
- 4 employees