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Tag: integral molten salt reactor

Terrestrial Energy, Schneider partner on molten salt reactor

May 8, 2024, 12:00PMNuclear News
Representatives of Terrestrial Energy and Schneider Electric at the MOU signing ceremony. (Source: Terrestrial Energy)

Terrestrial Energy and Schneider Electric are teaming to deploy Terrestrial Energy's integral molten salt reactor (IMSR) to provide zero-emission power to industrial facilities and large data centers.

The companies signed a memorandum of understanding in April to jointly develop commercial opportunities with high-energy users looking for reliable, affordable, and zero-carbon baseload supply. Terrestrial Energy said that working with Schneider “offers solutions to the major energy challenges faced by data center operators and many heavy industries operating a wide range of industrial processes such as hydrogen, ammonia, aluminum, and steel production.”

Westinghouse scores trio of grants from U.K. fuel fund

July 28, 2023, 9:30AMNuclear News
An aerial view of Westinghouse’s Springfields Fuel Fabrication Facility, near Preston, Lancashire, in northwestern England. (Photo: Westinghouse)

Through its now one-year-old Nuclear Fuel Fund, the U.K. government has awarded Westinghouse three grants to upgrade and expand the Springfields Fuel Fabrication Facility to support Britain’s next-generation nuclear reactors, the American-based company announced yesterday.

The coal-to-nuclear conversion: Are Gen IV reactors the answer?

August 19, 2022, 12:01PMANS Nuclear Cafe
Artist’s rendering of the IMSR Core-Unit. (Credit: Terrestrial Energy)

In the ongoing quest to mitigate the effects of climate change, new technology can create new solutions. Even today, however, coal is still a main source of power around the globe, often out of necessity. Many coal-burning plants have already been converted for gas or biomass, but these measures alone are not nearly enough to meet net-zero carbon goals. There is a better solution, however: repowering coal plants with nuclear technology—specifically, Generation IV reactors.

DOE awards $8.5 million to fund advanced nuclear projects

November 29, 2021, 3:00PMNuclear News

In its latest financial nod of encouragement to the U.S. nuclear industry, the Department of Energy has announced awards totaling $8.5 million to five industry-led projects, with the aim of accelerating the commercial deployment of advanced reactors and fuels.

The awards are funded via the Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced Nuclear Technology Development funding opportunity, which, since 2017, has invested more than $215 million in advanced nuclear technologies. Solicitations are broken down into three pathways: first-of-a-kind nuclear demonstration readiness projects, advanced reactor development projects, and direct regulatory assistance.

A look at SMRs for Australia

October 11, 2021, 12:01PMNuclear News

The Minerals Council of Australia (MCA) last week released Small Modular Reactors in the Australian Context, an overview of SMRs, their potential role in Australia, and their likely operating costs.

The 36-page report, written by Australian nuclear energy advocate Ben Heard, takes a look at three of the most advanced SMR designs currently undergoing regulatory approval: NuScale’s Power Module, GE-Hitachi’s BWRX 300, and Terrestrial Energy’s Integral Molten Salt Reactor.