Environmental Leader: Nuclear Energy May Rise Again

A different kind of nuclear reactor may be in the offing now that Terrestrial Energy has cleared a hurdle to get financing. The US Department of Energy has just asked it to submit the second part of an application to get a loan guarantee.

In 2014, the Energy Department said it could potentially make $12.5 billion available to build advanced reactors. As for Terrestrial, 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.