Plum Acquisition Corp. IV and Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages. At the center of the presentation is a clear message: this is not just a power project, and it is not j...
"EDF Extends Nuclear Power Plants Heysham 1 and Hartlepool until 2026, Boosting Energy Security and Reducing Carbon Emissions
EDF, the operator of Heysham 1 and Hartlepool nuclear power plants in the north of England, has just made a game-changing announcement. Brace yourself, because these two power units will now continue to operate until 2026, two years longer than previously planned! Heysham 1 (Image: EDF) The decision comes after a rigorous review by EDF, prompted by the impact of the Russian war with Ukraine and energy price rises. Positive inspections of the graphite reactor cores during 2022 have increased confidence that the stations can generate for longer and continue to meet stringent regulatory standards. But wait, there's more! The 29TWh of electricity these stations could generate over the two-year period could help to displace 6 billion cubic metres of gas, in carbon emission terms "like taking 5 million cars off the UK’s roads for a year". Not only does this help the UK reduce its use of imported gas, but it's also great news for the 2000 skilled people whose jobs are suppor...