Wright serves as Energy Secretary, Free Energy and Oklo benefit

On November 16, 2024, Trump officially appointed Chris Wright as Secretary of Energy, becoming the core figure of his energy policy. Wright's industry background includes professional experience in multiple fields such as nuclear energy, solar energy, geothermal energy, and oil and gas. Affected by this good news, the share price of Liberty Energy (LBRT), which he founded, rose 4.85% on the 18th, while the nuclear power startup Oklo (OKLO), which he serves as a director, rose 14.83%. In addition, other nuclear power stocks also rose simultaneously, showing the market's expectations for the direction of its policy.

Free Energy: Providing efficient and environmentally friendly oil and gas extraction technologies

Liberty Energy is an oilfield services company focused on providing technical services to North American oil and gas exploration and production companies. The company was established in 2011 and is headquartered in Denver, Colorado, USA. Freedom Energy is known for its hydraulic fracturing and fracking related technologies, which aims to increase the efficiency of energy extraction while reducing costs and environmental impact. The company is committed to combining technological innovation and environmental practices to achieve sustainable energy production methods. As global energy demand grows, free energy plays an important role in improving oil and gas extraction efficiency, controlling emissions, and reducing water waste.

Oklo: Develop small advanced nuclear reactors to provide clean and sustainable energy

Oklo is a U.S. nuclear energy technology company dedicated to developing small advanced nuclear reactors to provide clean, sustainable and affordable energy. Founded in 2013 and headquartered in California, the company is committed to innovative nuclear energy solutions, particularly known for its mini reactor technology (Aurora Power Plant), which is simple and efficient in design and can safely provide a stable power supply. Oklo's nuclear reactor uses recycled nuclear fuel, which not only significantly reduces the problem of nuclear waste, but also promotes energy recycling. Oklo's goal is to provide clean energy to small communities and industrial customers and promote nuclear energy technology as an important part of a low-carbon future.

Free Energy and Oklo's market position

• Freedom Energy's core business
  莱特于2011年创办自由能源，专注为页岩油开发提供水力压裂技术，这是美国能源产业的重要技术之一。根据最新披露的数据，莱特持有自由能源约258万股股票，显示他对该公司的深厚投入。
• Oklo's nuclear innovation
  作为模组化核反应炉开发商，Oklo专注于将核分裂技术商业化，吸引了OpenAI执行长阿特曼(Sam Altman)的资金支持。今年5月，Oklo透过由阿特曼成立的特殊目的收购公司(SPAC)「AltC Acquisition Corp.」成功上市。这次任命进一步提升Oklo的市场形象，股价应声大涨。

Potential directions for change in energy policy

Wright is a well-known figure in the energy industry. He strongly supports the development of fossil fuels and actively advocates the future potential of nuclear energy. Axios analysis pointed out that Trump's energy policy may be adjusted as follows through Wright:

• Increase oil and natural gas production
  川普政府或将优先增产传统能源，确保美国能源自足，并可能重新检视现有的能源补贴政策。
• Redistributing spending from the Inflation Reduction Act
  该法案中涉及数十亿美元的气候与能源支出，可能因政策重心转移而被重新分配，更多资金或将流向传统能源与核能领域。
• Advance in the commercialization of nuclear energy
  莱特对Oklo等核能企业的支持，将为核能行业注入更多资本与政策支持，有望刺激模组化核反应炉的商业化进程。