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Country: France

Manufacturer of low-carbon heat generators for industry

News

Jimmy, the nuclear boiler that decarbonizes industry 27/06/2024

  • - Heat production accounts for 45% of final energy consumption in France.
  • - 50% residential, 30% industrial, 20% commercial.
  • - 60% of this heat is carbon-based, mainly via natural gas.
  • - Development of generators based on HTR technology.
  • - 50 million euros raised by 2022 for industrialization, plus 32 million euros in government subsidies.
  • - Plant scheduled to open in 2025 in Le Creusot, Saône-et-Loire, employing 300 people
  • - First reactor scheduled for 2026 if approvals are obtained quickly.
  • - First customer: Cristal Union to decarbonize its heat production at the Bazancourt plant (51).
  • - A boiler emits one tonne of radioactive waste over a 20-year cycle, 20% of which is highly radioactive.
  • - 200 Jimmy generators would represent a 1% increase in the amount of radioactive waste produced in France.

French Tech: Jimmy to industrialize his nuclear microreactors in Burgundy 15/02/2024

  • The Jimmy start-up plans to create 300 jobs by 2028.
  • The future nuclear microreactor developed by Jimmy will have an output of 20 MWth and measure 20 cubic meters.
  • The first customer for the nuclear microreactor has already been signed, with delivery scheduled for 2026.
  • The generator will take around two years to produce.
  • In the Creusot-Montceau region, the nuclear sector accounts for over 8% of salaried employment.
  • The total investment cost of Jimmy's new industrial facility is 100 million euros.
  • The start-up received a grant of 32 million euros via France 2030, and raised 19 million euros through two fund-raising campaigns in 2022.

Jimmy Energy aims to industrialize its nuclear microreactors in 2026 05/01/2024

  • Commissioning of the first nuclear microreactor scheduled by the end of 2026.
  • Jimmy Energy receives a 32 million euro grant from the French government
  • Jimmy Energy founded in 2020.
  • Jimmy Energy has a team of 70 people.
  • The nuclear microreactor being developed is expected to deliver between 10 and 20 megawatts of thermal power.
  • The project would use HTR (High Temperature Reactor) technology.
  • Jimmy Energy's main competitors are American companies Kairos Power, X-Energy and Ultra Safe Nuclear Corporation.

Jimmy receives 32 million euros from France 2030 to industrialize his nuclear boiler 09/12/2023

  • Start-up Jimmy plans to commission its first industrial nuclear boiler in 2026.
  • Jimmy raised 15 million euros from investment funds in 2022.
  • Jimmy has received a €32 million grant from France 2030.
  • Jimmy's first boiler model will have a capacity of 10 megawatts (MW).
  • Jimmy employs 60 people.
  • Jimmy's potential market for the replacement of industrial gas boilers in France is estimated at around 500 units.

Jimmy to build nuclear microreactors for industry 04/04/2023

  • Gas: French industry's main source of energy
  • Jimmy: founded in November 2020
  • - Fundraising: 2.2 million euros in February 2022 and 17 million in October
  • - Nuclear microreactors: thermal output of 10 MWth (10,000 thermal kilowatts)
  • - HTR (High Temperature Reactor) technology
  • - First contract signed with a manufacturer

Jimmy Energy raises $15 million to develop a small nuclear reactor 23/10/2022

  • 15 million euros raised
  • Development of a 10-megawatt mini-nuclear reactor
  • Company grows from 2 to 20 employees in one year

Studies mentioning this company

The HVAC market - France

Other companies mentioned:

  • Dalkia
  • CDL Elec
  • Vinci Groupe
  • Eiffage Groupe
  • Bouygues Construction
  • Daikin (France)
  • Climater Groupe
  • Air Climat
  • Snef
  • Patricola
  • MCI
  • INEO (Engie Energie Service)
  • Jimmy Energy
  • F2A
  • Eiffage Énergie Systèmes
  • Vinci Energies
  • Axima Concept (Engie)
  • Suez Groupe
  • Axenergie
  • CEME Groupe
  • Idex
  • Airwell (Systemair Groupe)
  • Joncoux Sphering Groupe