Christopher Helman of Forbes reports on Last Energy, a modular nuclear energy startup.
- Last Energy packs and delivers its microreactors in shipping containers to ensure efficient delivery.
- Once on site, the reactor core is placed underground and fans and steam turbines replace cooling towers.
- Last Energy is lowering upfront capital costs by using wind and solar’s finance model; the company will own and operate the SMRs and secure financing through long-term power purchasing contracts from third parties.
- Due to the United States’ strict regulations, Last Energy will test its technology overseas in Poland which has already agreed to purchase 10 of the company’s units.
Read the full article here.