| Add RSS Feed

19 August 2008 -- Hyperion Power Generation said it has received a letter of intent from investment company TES Group to buy the Hyperion Power Module, a 27 MWe nuclear power reactor. The intention is to buy up to six units for various projects in Europe and the Middle East, at some $25 million each. Hyperion said that, if these projects are successful, TES could potential buy up to 50 of the units.

The Hyperion Power Module is a small self-regulating hydrogen-moderated and potassium-cooled reactor fuelled by powdered uranium hydride. It is designed to operate for 5 to 10 years before being returned to the factory for refuelling.

The reactor is about 1.5 meters wide and 2 meters high and has no moving parts. Hyperion has had preliminary discussions with the Nuclear Regulatory Commission and said a U.S. design certification application is possible in 2012, when the company plans to begin manufacturing the plants in New Mexico.

The design is licensed from the U.S. Department of Energy's Los Alamos National Laboratory. Hyperion said it eventually expects to build 4,000 units for sale worldwide.

| Add RSS Feed

---

More Business Articles >

Search Archives >

Power Engineering Article Categories:

Business		Projects/Contracts
Industry News		Deregulation
Environmental		Русский язык
Power Generation Young Professionals		Honeywell Automation & Control Solutions
HoneyWell Press Releases		HoneyWell Product Information
Power Engineering International Current Issue Table of Contents
Power Engineering Current Issue Table of Contents
Potencia Current Issue Table of Contents
Nuclear Power International Current Issue Table of Contents
Middle East Energy Current Issue Table of Contents

---

Search Products Buyer's Guide >

Search Industry Jobs >

Magazine & E-Newsletter Subscriptions >