Core Viewpoint - The UK Chancellor of the Exchequer announced a £30 billion investment to support the future development of nuclear energy [1] Group 1: Investment Details - The £30 billion investment is aimed at enhancing the nuclear energy sector in the UK [1] - This funding is part of a broader strategy to transition towards cleaner energy sources and reduce carbon emissions [1] Group 2: Industry Implications - The investment is expected to stimulate growth in the nuclear energy industry, potentially leading to job creation and technological advancements [1] - It reflects the UK government's commitment to nuclear energy as a key component of its energy strategy [1]

Core Insights - The UK government has selected Rolls-Royce's Small Modular Reactor (SMR) as the preferred bidder for its SMR program, marking a significant advancement in the country's nuclear energy strategy since the 1980s [2][3] - This initiative is expected to enhance the UK's energy security, support manufacturing return, contribute to carbon neutrality goals, and influence global export strategies [3][4] Summary by Sections SMR Program Development - The SMR selection is part of a new mixed system of "national leadership + market competition" in energy infrastructure, with the establishment of the Great British Nuclear (GBN) to oversee the project [5][6] - The GBN has identified Wylfa and Oldbury as the initial deployment sites for the SMRs, both of which are former nuclear power plant sites [6][8] Technical and Competitive Advantages - Rolls-Royce's SMR features a medium power output of 470 MWe, which is larger than competitors' offerings, and is based on over 30 years of military submarine reactor experience [9][11] - The project emphasizes high local manufacturing capabilities, with over 70% of components to be produced in the UK, aligning with the government's goal to revitalize domestic manufacturing [9][12] Regulatory and Approval Process - The UK has initiated reforms to accelerate the regulatory process for SMRs, reducing the Generic Design Assessment (GDA) timeline by 25%-30% [13][14] - Rolls-Royce's SMR is the first project to benefit from these regulatory changes, aiming for a final investment decision by 2029 and grid connection by around 2032 [6][15] Strategic Implications - The UK government positions SMRs as a next-generation energy export product, focusing on a comprehensive strategy that includes technology, licensing, engineering management, and financing models [17][18] - The SMR initiative is expected to support various industries, including hydrogen production and data centers, contributing to the UK's digital economy and energy sovereignty [19][21] Future Outlook - The next five years will be critical for validating the replicability, financial viability, and international competitiveness of the SMR program [20][21] - The success of Rolls-Royce's SMR could lead to a broader deployment strategy, potentially reshaping the global energy landscape [21]

Group 1 - The concept stocks related to controllable nuclear fusion have declined, with companies such as Baili Electric (600468) and Haheng Huaton (301137) dropping over 7% [1] - Other companies like Wangzi New Materials (002735), Xue Ren Shares (002639), Zhongzhou Special Materials (300963), and Rongfa Nuclear Power (002366) also experienced a decline [1] - There is a notable influx of dark pool funds into these stocks, indicating potential interest from institutional investors [1]

Group 1: Employment Strategies of Universities - Peking University implements the "Red-Green-Blue" employment guidance strategy, encouraging students to contribute to national needs through various sectors, including grassroots and defense industries [1][2] - Tsinghua University organizes "Job Seeking" practical activities, allowing students to engage directly with key industries, enhancing their understanding of career prospects [3][4] - Beijing Normal University promotes teaching positions in central and western regions through the "Four Good Teachers" initiative, providing financial incentives for graduates to teach in underprivileged areas [5][6] Group 2: Employment Trends and Statistics - In 2024, over 10% of Peking University graduates are expected to work in western and northeastern regions, a steady increase from previous years; employment in high-end manufacturing, such as chips, rose from 2.1% in 2020 to 6.8% in 2024 [2] - Tsinghua University has sent over 2,300 graduates to the manufacturing and energy sectors in the past five years, with a growing number each year [4] - Zhejiang University has developed a mission-driven employment education system, sending approximately 500 students annually to grassroots positions across 14 provinces [7][8] Group 3: Collaboration with Industries - Renmin University of China collaborates with over 400 companies to create stable employment and internship bases, enhancing the alignment between talent cultivation and industry needs [10][11] - Xi'an Jiaotong University has established partnerships with companies like ZTE to facilitate targeted talent training and employment opportunities, creating a replicable model for school-enterprise collaboration [11][12] - Hefei University of Technology has formed long-term partnerships with 140 companies, focusing on practical training and industry alignment to improve student employability [13][14] Group 4: Innovative Educational Approaches - The "Order Class" model at Inner Mongolia Electronic Information Vocational Technical College allows students to secure jobs before graduation through tailored training programs designed in collaboration with companies [15][16] - Zhejiang University utilizes digital tools to enhance job matching, creating employment communities and regional groups to provide targeted job information to students [8] - The "Job Seeking" initiative at Tsinghua University aims to bridge the information gap between students and employers, improving job matching and career readiness [3][4]

智通财经APP获悉，美国核能公司Oklo(OKLO.US)周二表示，美国核管理委员会(NRC)已开始审查该公 司的持证运营商专题报告。这标志着Oklo在为更快的许可路径奠定监管基础方面取得了持续进展，以支 持其更广泛的商业化目标。 Jeff Campbell认为，能否取得燃料是Oklo的成功关键。他提到，Oklo已完成在爱达荷国家实验室(INL)场 址的钻探评估作业，跟美国能源部敲定合作备忘录，也与INL签订了系统界面协议(Interface Agreement)。 Oklo首席执行官Jacob DeWitte表示："通过将设计、建设和运营的所有环节整合到一个申请中，我们简 化了部署路径。由于我们建设、拥有并运营发电站，直接向客户销售能源，因此将这一点与更为一体化 的许可路径相结合是合理的。" 值得一提的是，Seaport Global分析师Jeff Campbell在周一将Oklo的股票评级从"中性"上调至"买入"，目 标价为71美元，理由是对公司的增长前景有信心。 Jeff Campbell表示，Oklo的项目进展顺利、还获得一些技术核准。另外，他也对Oklo最近指派的首席技 术 官 Pat Schwei ...

新华社北京6月10日电 国际原子能机构（IAEA）总干事格罗西9日接受以色列《耶路撒冷邮报》采访 时警告以色列，打击伊朗核设施难度大，而且可能逼迫伊朗决定发展核武器。这家媒体说，格罗西有关 表态"前所未有"。 "我告诉你这些，是因为他们（伊方）曾经直接对我这样说。"格罗西说。 《耶路撒冷邮报》说，先前来自伊朗方面的这类说法可能仅仅会被视为心理战术，但作为国际原子能机 构总干事，格罗西曾与三任伊朗总统会晤，从他口中说出这句话，不得不令人"严肃对待"。 格罗西在采访中还说："有一件事可以肯定，这一计划（伊朗核计划）具有广度和深度。我所说的'深 度'就是，许多设施受到极为严密的保护，破坏它们需要非常强大的摧毁性力量。" 《耶路撒冷邮报》分析道，格罗西一直公开反对以色列打击伊朗核设施，主张用通过外交谈判解决问 题，而这次他具体谈论这一可能性，特别是就打击的可行性和后果发表看法，实属"前所未有"。 核心问题未解 美国和伊朗自今年4月以来已举行五轮间接会谈，取得一定进展，但双方在若干核心问题上分歧依然突 出。美方坚持伊朗应全面停止所有级别的铀浓缩活动，而伊方强调，适度开展铀浓缩活动是其和平利用 核能权利的一部分，拒绝"零 ...

Core Viewpoint - Major tech companies like Google and Amazon are investing in advanced nuclear energy as part of their carbon neutrality goals, with Google purchasing power from Kairos Power and Amazon investing approximately $500 million in X-Energy [1][3]. Group 1: Investment and Innovation in Nuclear Energy - The partnerships with Google and Amazon could provide significant momentum for startups like Kairos and X-Energy, potentially helping them attract more funding to overcome the "innovation valley of death" [3]. - However, the financial support from these tech giants may be insufficient compared to the billions needed for the startups to succeed [3]. - The rapid advancements in computer science raise questions about the future energy demands of AI and whether they will remain high in 15 years [3]. Group 2: Small Modular Reactors (SMRs) Design - Startups and established companies are developing small modular reactors (SMRs) with unique designs, moving away from traditional nuclear power plant designs [4]. - X-Energy uses helium instead of water for cooling, while Kairos plans to use molten salt, both opting for spherical fuel balls instead of traditional fuel rods [4]. Group 3: Safety and Risks of SMRs - SMRs theoretically offer high passive safety due to lower residual heat and radioactivity compared to traditional reactors [5]. - However, reliance solely on passive cooling without backup options poses risks, and smaller reactors may have reduced efficiency [6]. - The use of high-assay low-enriched uranium (HALEU) in new designs could introduce additional risks, as it requires a higher concentration of uranium compared to existing reactors [7]. Group 4: Cost Considerations of SMRs - While the modular manufacturing of components could lower construction costs, the inherent economies of scale in larger reactors should not be overlooked [10]. - Once the technology matures, building small modular reactors may become cheaper and faster than traditional large reactors, making them more attractive to investors [11]. Group 5: Climate Change and Nuclear Energy - Existing nuclear power plants are deemed essential for reducing emissions, and there is a debate on whether new reactors are necessary for rapid emission reductions [13]. - Renewable energy sources like solar and wind can be deployed quickly, but nuclear energy remains crucial for stable energy supply in the future [13].

除了直接投资AI企业外，美国科技公司近来也不断涌入AI基础设施赛道。 除了数据中心外，能源也是美国科技巨头在AI领域的关注重点之一。据彭博社5日报道，Meta公司上周 高调签署核能供应协议，与美国最大核电运营商星座能源公司达成20年期协议，将通过伊利诺伊州核电 站供电，预计2027年中启动。星座能源公司去年9月宣布将投资16亿美元重启宾夕法尼亚州已关闭的三 哩岛核电站，为微软供电。 【环球时报报道 记者 肖震冬】彭博社8日的报道援引知情人士的消息称，Meta公司正就向人工智能初 创公司Scale AI进行数十亿美元规模的投资展开谈判。这笔融资估值可能超过100亿美元，有望成为有史 以来规模最大的私营企业融资交易之一。今年初，美国CNBC网站发布报道称，预计2025年亚马逊、 Meta、谷歌母公司Alphabet以及微软四家美国科技巨头企业将在人工智能（AI）技术和数据中心建设等 方面支出超过3200亿美元。近来，上述公司接连出手，投资AI以及相关基础设施。 AI对电力的需求促使多家美国科技公司将目光投向核能等电力来源。欧洲新闻台4日报道称，对小型核 反应堆的投资激增正值大型科技公司面临两大需求之际：既要增加人 ...

跟踪中东局势动态 +订阅 1. 伊朗外交部：若IAEA通过针对伊朗决议，将采取报复性措施。 2. 伊朗议会国家安全和外交政策委员会发言人：俄罗斯将在伊朗建设8座核电站。 3. 伊朗外交部：美国有关伊核协议的方案"不可接受"。伊朗将通过阿曼向美国转交伊方方案。 4. 伊朗议会安全与外交政策委员会发言人：如果国际原子能机构向伊朗施压，且触发机制启动，退出 《不扩散核武器条约》将是伊朗的计划之一。 5. 以色列总理与特朗普就伊朗核问题等议题通电话，通话时长约40分钟。 金十数据整理：中东局势跟踪（6月10日） 6. 据Axios记者：美伊第六轮核谈判将于本周五在挪威奥斯陆或周日在阿曼马斯喀特举行。此前特朗普 称在本周四举行。 ...

自 2025 年 5 月 13 日我们主办的核聚变专题策略会以来，资本市场对核聚变 板块表现出极大的兴趣，并经历了一段显著的上涨期。尽管上周有所调整，但 本周再次出现了重要机会。我们认为，核聚变板块的重要性可与两年前的人形 机器人和算力基建相媲美，是国家和世界科技发展的重要赛道之一。这一领域 不会仅有一次性的行情，而是需要通过不断加深理解来推动其发展。从全球范 围来看，包括美国、日本和欧盟在内的主要科技竞争主体都在积极角逐核聚变 的发展，这进一步凸显了这一领域的重要性。 核聚变及新型核能： 美国封锁涉核设备，近期行业热点事 件全点评 20250609 摘要 核聚变被视为国家科技发展的重要赛道，全球主要科技竞争主体如美国、 日本和欧盟均积极参与，预计美国 CFS 装置 2030 年初发电，日本计划 在 2030 年代实现，欧盟则预计在 2030-2035 年间商业化发电。 中国核聚变领域取得关键进展，EAST 装置启动总装，环流器 3 号突破 10^20 次方级别，但尚未进入兑现期。预期未来有更多巨头企业加入， 带来大规模订单，上海和合肥等地将有重大项目突破。 核聚变行业具高壁垒和独占性，成熟期毛利率可保持 4 ...