en.Wedoany.com Reported - Elementl Power plans to build a 1.5 GW nuclear power plant in Ohio, utilizing GE Vernova Hitachi's BWRX-300 small modular reactor technology. The advanced nuclear project developer has agreed to purchase a 700-acre site located approximately 100 miles southeast of Columbus and has submitted an application to PJM Interconnection for grid access, with an initial output capacity of 600 megawatts.
The proposed plant's total installed capacity is equivalent to that of five BWRX-300 reactors. The project is privately financed, with a target to begin construction in 2030 and achieve commercial operation of the first unit by 2034. Chris Colbert, Chairman and CEO of Elementl, stated that the company's partnership with GE Vernova Hitachi is based on the latter's proven global nuclear technology, and that close collaboration will be maintained with the Village of Letart, Meigs County, the State of Ohio, and other parties throughout the project lifecycle. Scott Strazik, CEO of GE Vernova, expressed enthusiasm in supporting Elementl Power in advancing the project, noting that nuclear energy will play a vital role in the future energy mix and that such projects will strengthen the foundation of U.S. long-term energy security, economic growth, and reliable power generation. Chase Jenkins, Director of the Meigs County Economic Development Office, stated that the proposed project presents a significant opportunity for the region's long-term energy future and that the county supports continued exploration of this development.
Founded in 2022, Elementl Power is a technology-neutral advanced nuclear project developer offering turnkey development, financing, and ownership solutions to customers seeking clean baseload power without owning or operating nuclear assets. Its goal is to deploy over 10 GW of next-generation nuclear power in the United States by 2035. The company's most notable partner is Google, which announced in May of last year that it would provide early-stage capital to Elementl Power to help prepare three potential sites in the U.S. for advanced nuclear projects, each with a capacity of at least 600 MW. The cooperation agreement did not disclose the investment amount or the specific locations of the three proposed sites. Google stated at the time that the agreement was part of its effort to secure 24/7 baseload energy to support operations and strengthen the grid, while also helping Elementl achieve its goal of bringing substantial nuclear capacity online by 2035. This innovative approach directly links capital investment to the growing demand for clean baseload power, with Google retaining the option for commercial purchase upon project completion.
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