Here comes some competition for the electrical utilities. How about a mini nuclear power plant smaller than a garden shed that can supply electricity to approximately 10,000 homes at a cost of about $250 per household?
An article in today's Gardian gives the low down. The company is Hyperion and they are based in New Mexico. They have 100 reactors in the pipeline and expect to put the first one on-line in 2013. They have yet to get NRC approval.
Toshiba has also been working on designing micro-reactors, but I don't know how far along they are on this concept. Time will tell.
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