Last Energy, a U.S.-based startup focused on clean energy solutions, has announced plans to build a £300 million ($391 million) micro nuclear power project in Wales. The project, located on the site of a former coal plant in Bridgend, South Wales, will feature four micro reactors, each capable of generating 20 megawatts (MW) of electricity, for a total capacity of 80 MW. This power will primarily serve local industrial customers under power purchase agreements that will help finance the project.
The company, through its UK subsidiary Last Energy UK, aims to help the UK meet its ambitious net-zero targets. Britain’s new Labour government has emphasized the role of small nuclear plants in reducing carbon emissions and providing a stable, clean energy source for the future. By focusing on smaller-scale nuclear reactors, Last Energy hopes to overcome some of the investment challenges that have historically plagued larger nuclear projects, which often face high upfront costs.
Crucially, the company has stated that the project will not require public funding, an attractive aspect for both the government and local communities. Additionally, the project is expected to create around 100 jobs during its development phase, contributing to local economic growth.
With power generation expected to begin as early as 2027, Last Energy UK will now start public consultations on the project, engaging with local communities and stakeholders. This micro nuclear initiative is part of a broader trend of adopting smaller and potentially more cost-effective nuclear solutions as the world transitions toward cleaner energy sources.
