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Powerful New Energy Technology under Development for Remote ...

http://www.globeinvestor.com/servlet/story/BWIRE.2 [2008-8-1]

Tag : Heat Resistant Wire

LOS ALAMOS, N.M. (Business Wire) -- To bring the benefits ofnuclear power - reliable, clean energy with no greenhouse gasemissions - to remote locations, Hyperion Power Generation, Inc. isdeveloping a small, transportable power module. John R."Grizz" Deal, the company's CEO, has announced thecompletion of another development phase and that the company hasnow begun discussing installation commitments with interestedparties, for commercial deployment starting in 2013.
The Hyperion Power Module (HPM) was conceived at Los AlamosNational Laboratory and licensed to New Mexico-based Hyperion forcommercialization under the laboratory's technology transferprogram. Inherently safe and proliferation-resistant, the HPMutilizes the energy of low-enriched uranium fuel in a technologyunlike any other currently in use or in development. Approximately4,000 units of the same design, each offering 70 megawatts ofthermal (heat) energy, or 27 megawatts of electricity via steamturbine, will be produced and sealed at manufacturing sites. Thatamount of electricity can power 20,000 average American-style homesor the industrial equivalent for $20 to $30 million each.
"Throw out what you know about nuclear energy generation --Hyperion is unlike any other power reactor," said Deal."We are employing proven science and engineering, but in awhole new way to achieve a power source that's safe, secure, andtransportable. For communities and industrial operations in remotelocations independent of a local grid, Hyperion will change theirentire energy paradigm."
The HPM was originally created to provide affordable andemission-free heat, steam, and electricity for recovery andprocessing heavy oil in oil sands and shale fields. "The HPMis the solution that industry needs to make their producteconomically and environmentally feasible," said Deal."But, what we've found is that HPM also has enormous potentialfor developing or remote communities off a major grid. It providesconsistent energy for clean water and modern infrastructure. Foremergency response or peacekeeping installations, it providescrucial energy independence from vulnerable local sources."
More information about Hyperion can be found atwww.hyperionpowergeneration.com.
Hyperion Power Generation, Inc., Los Alamos
Deborah Blackwell, APR, 703-722-2821
Deborah@hyperionpowergeneration.com.
© Business Wire

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