Los Alamos, New Mexico, United States
Members of the International Atomic Energy Agency (IAEA) will have an opportunity to learn about Hyperion Power Generation's (HPG - http://www.hyperionpowergeneration.com) unique, small, nuclear power module firsthand from the company's CEO at the 52nd General Conference September 29-October 3. John R. Grizz Deal, CEO and James Jones, director of business development, will personally staff an exhibit at the IAEA's annual conference in Vienna, Austria.
The HPG exhibit is part of a Civil Nuclear Industry promotion sponsored by the U.S. Departments of Commerce, State and Energy to provide information about new nuclear technology and solutions for both developing and established nuclear powered countries.
"We are enthusiastic about this opportunity at IAEA," said Deal. "The Hyperion Power Module was originally conceived to provide clean, affordable power for remote industrial applications such as oil sands operations. Yet, there has been an outstanding amount of interest from those needing reliable electricity for remote or 'power-challenged' communities. In fact, our first sales commitments have come from companies building mixed-use developments in Europe. This has been good because the HPM (Hyperion Power Module), meeting all the non-proliferation criteria of GNEP (the Global Nuclear Energy Partnership), is an excellent solution for any location. Encompassing the simple concepts of the world's training reactors that have been operating for decades, the HPM makes it possible to deliver safe, continuous, clean, emission-free energy with only a fraction of the human oversight and financial investment required by conventional nuclear power stations."
Conceived at Los Alamos National Laboratory, the HPM intellectual property portfolio has been licensed to Hyperion Power Generation for commercialization under the laboratory's technology transfer program. Inherently safe and proliferation-resistant, the HPM utilizes the energy of low-enriched uranium fuel. Each unit produces 70 MWt, or 27 MWe when connected to a steam turbine - enough to provide electricity for 20,000 average American-size homes or the industrial equivalent. Three factories, spread across the globe are planned to produce 4,000 units of the first design.
Source: Business Wire (Business Wire India)