For Immediate Release
Press Contact: Claire Gimble
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LOS ALAMOS, N.M., September 18, 2008 — Attendees of two important conferences about emerging energy technology will have an opportunity this October to meet with principals from Hyperion Power Generation, Inc. (http://www.HyperionPowerGeneration.com), and learn about the company’s nuclear energy module, the Hyperion Power Module (HPM).
The first conference to feature the HPM in October is the Dow Jones’ Alternative Energy Innovations conference (http://alternativeenergy.dowjones.com). This event, October 21-22 in San Francisco, brings together the key players in the alternative energy and management space to give attendees access to business plan presentations by CEOs from the sector’s most promising start-ups, a look at which technologies are on VCs’ radars and why, analyst views on key trends, and more.
Another premiere clean energy investment event is the National Renewable Energy Laboratory’s (NREL) 21st Industry Growth Conference, October 28-30, in Denver, Colorado. Hyperion Power Generation was selected out of hundreds of applicants to present at the NREL conference. The NREL forum (http://www.cleanenergyforum.com) provides a deep understanding of the evolving energy market and what a business must do to thrive. Hyperion will compete for one of NREL’s four cash prizes for “Clean Energy Entrepreneur of the Year.”
Inherently safe, the HPM utilizes the energy of low-enriched uranium fuel and will be licensed by the U.S. Nuclear Regulatory Commission. Each unit produces 70 megawatts of thermal energy, or 27 megawatts of electricity when connected to a steam turbine. That amount is enough to provide electricity for 20,000 average-size American-style homes or the industrial equivalent. Extremely proliferation-resistant, the HPM meets all of the Global Nuclear Energy Partnership’s stringent criteria for the safe and secure deployment of small “grid-appropriate” nuclear reactors for distributed power.
Conceived at Los Alamos National Laboratory, the Hyperion Power Module intellectual property portfolio has been licensed to Hyperion Power Generation for commercialization under the laboratory’s technology transfer program. The company has already received commitments for ten HPMs, priced at around $25 million each, for various locations. Three factories spread across the globe are planned by the company to produce and ship the approximately 4,000 units of the first design.
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Press Contact: Claire Gimble
Phone:
Email: