U.S. Company Signs Deals In Europe For Small Nuclear Reactors

Last week, Washington, D.C. based Last Energy announced that it had signed agreements in the UK and Poland for thirty four small modular reactors. Frankly, when we first saw the headline we assumed editorial failure by the UK press and moved on. But our initial impression was wrong. These are among the tiniest modular reactor designs we have seen to date, producing a mere 20 MWs of electricity. All of the 34 orders cited above collectively equal about one half of a gigawatt scale power plant regardless of type. By contrast the proposed NuScale…