Sunday, November 9, 2008

Coming Soon: Mini Nuclear Reactors in Your Backyard


Climate change. Dependence on foreign oil. Pollution. Undrinkable water, poverty, disease, social unrest. Along with solar, geothermal, and wind, an important part of the mix of energy technologies that will be needed to solve these problems is nuclear power. However, nuclear power plants are expensive and take about 10 years to build. Until now:

"Nuclear power plants smaller than a garden shed and able to power 20,000 homes will be on sale within five years, say scientists at Los Alamos, the US government laboratory which developed the first atomic bomb.The miniature reactors will be factory-sealed, contain no weapons-grade material, have no moving parts and will be nearly impossible to steal because they will be encased in concrete and buried underground.
The US government has licensed the technology to Hyperion, a New Mexico-based company which said last week that it has taken its first firm orders and plans to start mass production within five years. 'Our goal is to generate electricity for 10 cents a watt anywhere in the world,' said John Deal, chief executive of Hyperion. 'They will cost approximately $25M each. For a community with 10,000 households, that is a very affordable $250 per home.'"
Ok, maybe not in your backyard, but you know what I mean..