Concept art of the Llynfi Energy Project in South Wales. (Source: Last Energy)
American start-up Last Energy has received a letter of interest from the Export-Import Bank of the United States (EXIM), confirming the bank’s willingness to move forward with due diligence for $103.7 million in financing for the company’s project in southern Wales.
Concept art of Last Energy’s balance-of-plant. (Image: Last Energy)
Last Energy, a Washington, D.C.-based microreactor developer, announced last week a partnership with the NATO Energy Security Centre of Excellence (ENSEC) to jointly research military applications for microreactor power and explore opportunities for future microreactor deployments on NATO military installations.
PUCT commissioner Jimmy Glotfelty leads the discussion at the Texas Advanced Nuclear Reactor Working Group’s first public meeting, on September 28. (Image: PUCT)
The Texas Advanced Nuclear Reactor Working Group—formed recently by the Public Utility Commission of Texas (PUCT) at the direction of Gov. Greg Abbott—hosted its first public meeting last Thursday to discuss the group’s organizational structure and outline a plan to turn Texas into a national leader in the use of advanced nuclear energy.
A rendering of Last Energy's nuclear power plant. (Image: Last Energy)
Startup company Last Energy has announced power purchase agreements for 34 units of its 20-MWe nuclear power plants with four industrial partners in Poland and the United Kingdom. In total, according to the company, the deals represent more than $18.9 billion in electricity sales.
Signing the letter of agreement, from the left, are Damian Jamroz, Last Energy Polska general manager; Ryszard Wawryniewicz, LSSE vice president; Piotr Danielski, DB Energy vice president; and Dominik Brach, DB Energy CEO. (Photo: LSSE)
Last Energy, a Washington, D.C.–based small modular reactor startup, has signed a letter of intent with Poland’s Legnica Special Economic Zone (LSSE) and DB Energy for a power plant featuring 10 small modular reactors with 200 MWe of capacity to fuel the region’s industrial activities. (Established in 1997, the LSSE covers 18 subzones located in the central part of southwestern Poland’s Dolnośląskie Province and is home to more than 75 companies providing some 16,000 jobs.)