Last Energy Selected by US Department of Energy for Clean Technology Accelerator Program

Nuclear Startup Accepted Into DOE In-Kind Voucher Program, Partners With Oak Ridge National Laboratory For Engineering Support

‍Washington, D.C. — Last Energy, a full-service developer of 20 MWe micro modular nuclear power plants, announced today that it was selected by the US Department of Energy (DOE) Office of Technology Transitions to receive in-kind support to accelerate commercial readiness. Under DOE’s program, which provides in-kind vouchers to clean energy technology companies, Last Energy will partner with Oak Ridge National Lab to conduct materials development and validation for Last Energy’s flagship product, the PWR-20.

The Voucher Program, coordinated by EnergyWerx and funded by the Bipartisan Infrastructure Law and Inflation Reduction Act, exists to foster collaboration between DOE and American companies, utilities, and local governments to deploy clean energy technology, improve energy security, and bolster national security. Under the program, selectees get access to DOE entities and partners — including the National Labs — for research and development support to accelerate adoption readiness for their technologies. Last Energy was one of six companies featured by DOE in its announcement.

“Oak Ridge National Laboratory has been a valued technical partner since the earliest days of Last Energy, and we’re excited to continue collaborating through the Department of Energy’s accelerator program,” said Bret Kugelmass, Founder and CEO of Last Energy. “Even as new clean energy technologies come online, the US cannot focus only on addressing climate change. It’s critical that we also use technology to unleash energy abundance and ensure our economy is underpinned with energy security.”

‍About Last Energy: Founded in 2019, Last Energy is a full-service developer of micro modular 20 MWe nuclear power plants with the goal of enabling global clean energy access and decarbonization in a way that is rapid, scalable, and economically competitive. Last Energy’s first product, the PWR-20 micro-nuclear power plant, is designed to address the inefficiencies that have traditionally made nuclear development prohibitively complex and expensive. By owning all aspects of plant delivery and dramatically reducing the time and cost of construction, Last Energy is transforming the nuclear power industry to unlock clean, reliable baseload energy for industrial customers throughout Europe.

Contact Matt Fossen, media@lastenergy.com