CHARLOTTE, NC – November 24, 2021 – Terrestrial Energy USA was awarded a $3 million grant from the U.S. Department of Energy (DOE) to support licensing and commercialization of its Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.
An assessment prepared by Hatch Ltd. of the economic impact for Terrestrial Energy’s small modular reactor power plant (IMSR®400) in Ontario
Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study
· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids
· Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050
· Only Generation IV reactor technology will dramatically improve the economics of nuclear power generation to allow Canada to maximize the benefits and perpetuate its traditional leadership in commercial nuclear power
· Choosing a Canadian Generation IV reactor technology, rather than a technology developed outside of Canada, has the greatest potential to boost employment for Canadian companies many times over and maximize GDP benefits for Ontario and Canada
By Simon Irish
A lot of people are speculating about the potential role of small modular reactors, known in the nuclear industry by the acronym “SMRs.” These new reactor designs promise to deliver a clean and reliable alternative to fossil fuels – but the discussion typically focuses on the “S” and the “M,” as if those features represent the true innovation.
Terrestrial Energy Signs Agreement with Hatch for IMSR Power Plant Engineering and Construction Services
Oakville, Ontario, Canada – May 4, 2021 – Hatch and Terrestrial Energy have signed an engineering services contract to support deployment of the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.
Photo credit: Nuclear Reimagined, Third Way Think Tank/Gensler
Many see hydrogen as the golden key to our completely decarbonized and clean energy future.
Terrestrial Energy and ENGIE Laborelec to Advance Development of IMSR, a Small Modular Reactor Power Plant That Uses Molten Salt Technology
Terrestrial Energy has contracted with ENGIE Laborelec in Belgium for technical services. This contract is part of Terrestrial Energy’s nuclear fuel salt qualification program for the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.
ENGIE Laborelec will perform confirmatory electrochemical and thermophysical measurements as well as confirmatory corrosion testing.
Learn More About Terrestrial Energy
Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).