By Canadian National Laboratories website
Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, is pleased to provide an update regarding the organization’s invitation to site a small modular reactor (SMR) demonstration unit at one of their managed campuses.
By Bloomberg New Energy Finance
In his latest post on the Bloomberg New Energy Finance blog, Former BNEF CEO Michael Liebreich has decided that its time to talk ... about nuclear. "Serious people are finally talking about decarbonizing national economies by mid-century, but such talk must be accompanied by credible plans – and no plan can be considered credible if it does not deal explicitly with nuclear power," Liebreich writes. In the piece, Liebrich cites the progress of small modular reactor developers, including Terrestrial Energy. "In November 2017, Terrestrial Energy’s Integral Molten Salt Reactor – designed to deliver 400MW of thermal output or 190MW of power – completed the first phase of the Canadian Nuclear Safety Commission’s regulatory pre-licensing review," he notes.
By CBC The National
Terrestrial Energy is featured in this CBC The National program at how Canada is positioning itself as a leader in nuclear power by exploring the use of small modular reactors. Already some environmentalists have decided to support nuclear energy for its carbon-free attributes. Terrestrial Energy is confident that once Canadians see its technology in action, they will be able to change more minds, the CBC notes. "Advanced nuclear can deliver on the nuclear promise, which is enormous amounts of clean energy at a cost-competitive price," says CEO Simon Irish. Learn more about How small modular reactors work.
By CBC News
Canada is positioning itself up to be a leader in a new age of nuclear power by exploring the use of small modular reactors (SMR). An Oakville, Ont., firm called Terrestrial Energy is designing a reactor that it says will produce less long-term waste than traditional nuclear plants. Terrestrial Energy CEO Simon Irish believes his company's first SMR power plant will give Canadians — and potential customers — confidence in the technology. "Advanced nuclear can deliver on the nuclear promise, which is enormous amounts of clean energy at a cost competitive price," Irish said. Learn more about How small modular reactors work.
By Business in Vancouver
Last week's Clean Energy Ministerial provided Canadian clean-tech companies a chance to show their stuff. Based in Oakville, Ontario, Terrestrial Energy was named one of the top 10 breakthrough technologies in MIT Technology Review, curated by Bill Gates. It is among a handful of companies developing small-scale molten salt nuclear reactors. Terrestrial’s process has cogeneration capabilities in that it can use the heat from its nuclear power plants to produce hydrogen cheaply, and combine it with carbon to produce low-carbon gasoline.
By Business in Vancouver
As ministers from more than 25 countries gather in Vancouver this month for the Clean Energy Ministerial, they will be thinking about how the world can transition to clean energy economies. But decarbonizing the world electricity supply is just the beginning. At best, it would eliminate only 30% of global emissions. That’s because the transportation, industry and agriculture sectors are all huge consumers of fossil fuels, as well, and finding substitutes for those applications will be even more challenging. Fortunately, some advanced nuclear power plant designs can meet these demands without producing emissions...These next-generation reactors could arrive like the cavalry in the fight against climate change.
By BNN Bloomberg
Terrestrial Energy CEO Simon Irish explains to BNN Bloomberg the benefits of a new type of clean energy technology, the Integral Molten Salt Reactor (IMSR). "You can do so much better technically and commercially if you embrace nuclear innovation and embrace a different reactor technology," he said.
By The Globe and Mail
Natural Resources Minister Amarjeet Sohi said the federal government continues to support Canada’s nuclear industry and, in particular, the development of new reactor technology that will allow us to build smaller, cheaper power stations. Canada is something of an outlier in the developed world...Canadian Nuclear Association president John Gorman said Canada’s continued support for nuclear represents “a huge competitive advantage” for the country by maintaining a supply chain that can be used to meet international requirements in the coming decades.
By GreenTech Media
Advanced nuclear reactors are moving toward commercialization faster and with less government support than many realize. Their smaller size and advances in computing are helping. Almost all of the advanced reactors under development in the US are far smaller than traditional LWRs — from 10 to 100 times smaller in both electricity output and physical footprint. Smaller sizes help reduce total funding necessary for the first build, but they can also simplify the engineering, making the reactor safer and easier to model, speeding licensing and commercialization. Their size also makes advanced reactors more attractive to utilities. Funding a 2-megawatt reactor, for example, is feasible for a much broader range of utilities than a 1,000-megawatt power plant.
By World Nuclear News
Terrestrial Energy's IMSR is designed as a modular reactor for factory fabrication, and could be used for electricity production and industrial process heat generation for uses such as use in many industrial applications, such as chemical synthesis and desalination. The company plans to commission the first IMSR power plants in the late 2020s. David LeBlanc, Terrestrial Energy's president and chief technology officer, said technical collaboration through interactions with the GIF were "invaluable" to realise the global potential for the company's MSR technology. "The GIF recognises that with nuclear innovation, we can meet the urgent global market need for clean, affordable and cost-competitive energy," he said.
