21st Century Tech: Integral Molten Salt Nuclear Reactors Could be Deployed in the Next Decade
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Small molten salt nuclear reactors may become a part of the energy mix by the mid-2020s if Terrestrial Energy has its way. The company, based in Oakville, Ontario, just received $10 million in a new funding round to continue development of its Integral Molten Salt Reactor (IMSR®).
The goal, to deploy an IMSR® sometime in the 2020s, demonstrating the utility of the technology for both on and off power generation. Each reactor costs no more than a coal-fired power plant but produces zero emissions. The price tag is considerably less than any nuclear power plant in operation today.