"Nuclear power plants smaller than a garden shed and able to power 20,000 homes will be on sale within five years, say scientists at Los Alamos, the US government laboratory which developed the first atomic bomb.
The miniature reactors will be factory-sealed, contain no weapons-grade material, have no moving parts and will be nearly impossible to steal because they will be encased in concrete and buried underground.
The US government has licensed the technology to Hyperion, a New Mexico-based company which said last week that it has taken its first firm orders and plans to start mass production within five years. 'Our goal is to generate electricity for 10 cents a kilowatt hour anywhere in the world,' said John Deal, chief executive of Hyperion. 'They will cost approximately $25m [Â£16m] each. For a community with 10,000 households, that is a very affordable $2,500 per home.'
Such cheap energy will cause the outright collapse of nations that depend on oil for revenue. The United States, being very dependent on oil, will enter a new Golden Age of unbounded wealth and prosperity.