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Alternate Energy Holdings, Inc. Signs MOU With Hyperion Power to Manufacture Small, Modular Nuclear Reactors in China and Market World-Wide

Alternate Energy Holdings, Inc. signed a memorandum of understanding with New Mexico-based Hyperion Power Generation, Inc. The MOU is the beginning of a joint venture between the two companies to license, build and market Hyperion’s small modular nuclear reactors (SMRs) earlier post) on a world-wide basis.

Hyperion announced the ultra-small reactor, which already has more than 150 purchase commitments from customers such as mining and telecom companies, in 2009. Hyperion transportable reactors are sealed at the factory and are not refueled onsite. When the reactor has exhausted its fuel, it is returned to the factory and a new reactor is installed in its place.

Alternate Energy Holdings is the US’ only independent nuclear power plant developer seeking to build new power plants in multiple non-nuclear states. AEHI China, headquartered in Beijing, develops joint ventures to produce nuclear plant components and consults on nuclear power.

Comments

GreenPlease

It appears that the end of the world will also be "Made in China"

HealthyBreeze

Just think of it as a really really large alkaline battery.

SJC

Bill Gates-Backed Firm Funded for Novel Nuke Technology

http://www.cbsnews.com/8301-501465_162-20007685-501465.html?tag=cbsnewsLeadStoriesAreaMain;cbsnewsLeadStoriesSecondary

Rather than split enriched uranium, a traveling-wave reactor uses depleted uranium as a fuel source, which is turned into a fuel with a "fast-moving" neutron.

Engineer-Poet

Actually, SJC, slow neutrons breed U to Pu just fine (that's how the US made the material for the Fat Man bomb). You only need fast neutrons to get sufficient fission yield so that there's a neutron for the next fission, another neutron to breed the atom for the next fission, plus losses. If you don't care about your breeding ratio, you don't need fast neutrons.

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