07
Power Generation
On-site and dedicated power generation — gas turbines, small modular reactors, fuel cells, solar farms, and the uranium and nuclear fuel supply chain. The companies building their own electricity.
27companies
1chokepoint
4sub-roles
Chokepoint in this layer
GEV (GE Vernova Inc.) — gas turbines and power equipment. This position has no real alternative supplier. A disruption here ripples through every layer downstream.
Gas Turbines & Engines
6 companiesBWBabcock & Wilcox Enterprises, Inc.Boilers and power generation systemsBWENBroadwind, Inc.Wind turbine componentsFTEKFuel Tech, Inc.Emissions control systemsGEVGE Vernova Inc.CHOKEPOINTGas turbines and power equipmentHWMHowmet Aerospace Inc.Turbine engine componentsMIRMirion Technologies, Inc.Radiation detection and power systems
Nuclear
12 companiesBWXTBWX Technologies, Inc.Nuclear reactors and componentsCCJCameco CorporationUranium mining and fuelIMSRTerrestrial Energy Inc.Molten salt nuclear reactorsLEUCentrus Energy Corp.Nuclear fuel and enrichmentNNENano Nuclear Energy Inc.Portable nuclear reactorsNPWRNET Power Inc.Natural gas power generationNXENexGen Energy Ltd.Uranium mining and explorationOKLOOklo Inc.Advanced nuclear reactorsSMRNuScale Power CorporationSmall modular nuclear reactorsUECUranium Energy Corp.Uranium mining and processingURGUr-Energy Inc.Uranium mining companyXEX-Energy, Inc. Class A Common StockAdvanced nuclear reactor developer
Fuel Cells
2 companiesRenewables & Solar
7 companiesARRYArray Technologies, Inc.Solar tracking systemsCSIQCanadian Solar Inc.Solar panels and modulesENPHEnphase Energy, Inc.Solar microinverters and systemsFSLRFirst Solar, Inc.Thin-film solar panelsFTCIFTC Solar, Inc.Solar tracking systemsNXTNextpower Inc.Solar tracking systemsTET1 Energy IncSolar panel manufacturer
Deep teardownComing soon
Inside the power generation layer
A full physical decomposition of this layer of the buildout — what goes where, who makes it, and where the bottlenecks are. Links here when the teardown publishes under Learn.