I just read an interesting interview with John Deal, CEO of Hyperion Power Generation. Hyperion is building a nuclear reactor small enough to be shipped by train or truck but powerful enough to supply electricity to a small city. At a cost of roughly $30 million each, this reactor can supply up to 30 megawatts of usable electrical power, or enough to power 20,000 US households. The reactors life span is 8-10 years.
Just doing the math, $30 million spread over 20,000 homes, for 120 months equates to $12.50/household/month. Not bad. Not bad at all.
With all of the talk about a national energy policy during this election, its good to know at least one company is willing to push the nuclear option into the commercial market place. The next U.S. President should adopt this company and streamline the regulatory process to these into working in small towns across the nation.