Last Energy plans to design, manufacture and operate the reactors on behalf of heavy energy users, such as factories, scientific campuses and industrial plants.
Last Energy, a U.S.-based micro modular nuclear technology firm and project developer, has secured power purchase agreements (PPAs) for 34 PWR-20 small modular reactor (SMR) units with four industrial partners.
The American company’s direct route to market negates the need for government subsidy.
Last Energy Inc., a startup developing advanced, smaller nuclear power plants, completed four deals worth $18.9 billion to build 34 reactors in Europe.
“Infinitely abundant, carbon-free, always on, and incredibly energy-dense, nuclear energy could meet and exceed our energy needs,” he said.
Last Energy says its "microreactors" can be mass produced and sold in the form of a simple kit that companies can use to power factories.
The next big thing in nuclear power could be tiny — little reactors that are far smaller and far cheaper than the traditional massive nuclear plants topped by giant concrete cooling towers.
If your image of nuclear power is giant, cylindrical concrete cooling towers pouring out steam on a site that takes up hundreds of acres of land, soon there will be an alternative: tiny nuclear reactors that produce only one-hundredth the electricity and can even be delivered on a truck.
Bret Kugelmass of Last Energy aims to build his first 10 inexpensive, off-the-shelf fission reactors in Europe.
Nuclear power is seen as essential to protect Britain from future energy shocks.
The unusually nimble nuclear startup Last Energy relies on proven technology to steer clear of the pitfalls that have stymied its competitors, incumbents and newcomers alike.
A young nuclear startup says it can help European industry survive soaring energy prices without increasing emissions.
Last Energy was spotlighted as a top 50 tech company, embodying ingenuity and the spirit of American Dynamism.
Small modular reactors offer Romania a reliable, affordable, and clean energy source, writes Mihai Darie of Last Energy.
Last Energy is pursuing international licensing in parallel with construction of their first set of reference facilities.
Last Energy signed a Letter of Intent with Legnica Special Economic Zone and DB Energy to construct ten SMRs.
Enea and Last Energy have signed а letter of intent for the potential deployment of 20-MW nuclear plants.
Last Energy wants to build its first “mini-nuclear” power plant by 2025 and is in advanced talks over sites in England and Wales.