Terrestrial Energy Advances to Next Stage of Canadian Nuclear Laboratories Small Modular Reactor Invitation Process
Oakville, ON, February 19, 2019 – Terrestrial Energy has completed the pre-qualification stage of Canadian Nuclear Laboratories’ (CNL) invitation process to site a Small Modular Reactor (SMR) at a CNL-managed site. Responding to the CNL’s 2018 invitation, Terrestrial Energy presented a siting proposal to CNL for its 195 MWe Integral Molten Salt Reactor (IMSR®), a Generation-IV Advanced SMR power plant.
“The completion of stage one of the Canadian Nuclear Laboratories siting invitation is another important step on our path to market for our revolutionary Generaton-IV Advanced SMR,” said Terrestrial Energy CEO Simon Irish. “Our affordable IMSR® power plant will produce heat and power that is emission-free and cost-competitive with fossil fuels. We appreciate CNL’s stage one assessment of our IMSR® siting proposal and look forward to working closely with CNL’s expert staff during stage two.”
Terrestrial Energy is one of two applicants to move to the stage two of the siting invitation process. During this stage, CNL will more closely evaluate the technical and operational merits of the proposed designs. Several reactor developers have applied to the four-stage CNL evaluation, which could result in the construction of a demonstration SMR at one or more CNL campuses. More information about the CNL invitation can be seen here.
About Terrestrial Energy
Terrestrial Energy is a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR®) technology. IMSR® technology represents true innovation in cost reduction, versatility and functionality of nuclear power plants. IMSR® power plants will provide zero-carbon, reliable, dispatchable, cost-competitive electric power and high grade industrial heat for use in many industrial applications, such as chemical synthesis and desalination, and in so doing extend the application of nuclear energy far beyond electric power markets. They have the potential to make important contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum. Using an innovative design, and proven and demonstrated molten salt reactor technology, Terrestrial Energy is engaged with regulators and industrial partners to complete IMSR® engineering and to commission first IMSR® power plants in the late 2020s.
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