In 2014, the Energy Department said it could potentially make $12.5 billion available to build advanced reactors. As for Terrestrial Energy, it is asking for as much as $1.2 billion to build a 195 megawatt molten salt reactors. They can burn “thorium” that may not only be safer but also create less radioactive waste than uranium.
Terrestrial Energy has entered into an initial collaboration with Oak Ridge National Laboratory to advance the commercialization of the company’s new integral molten salt reactor (IMSR) Gen IV design. Terrestrial Energy says this new collaboration, along with last month’s research and development deal with Canadian Nuclear Labs, moves it to … Read more »