Canada is now the crucible for molten salt reactors. Terrestrial Energy in Toronto is the most advanced such project in the world with an integral molten salt reactor, and is already pre-licensed. “We can bring our reactor to the commercial market in the 2020s,” said the chief executive Simon Irish.
“Once we put a shovel to the ground we can build it in three to four years. The parts can be manufactured on a mass scale. We believe we can produce power for 40-50 US dollars per megawatt hour,” he said.