Terrestrial Energy Invited to Present at the Clean Energy Ministerial
VANCOUVER, CANADA – May 28, 2019 – This week Terrestrial Energy is participating, at the invitation of the Canadian Government, in the 10th Clean Energy Ministerial (CEM), an intergovernmental conference in Vancouver, Canada.
The company is exhibiting at the conference’s Innovation Showcase and will co-present with Carbon Engineering, a company developing carbon capture technology, in a conference session discussing technologies that can enable the supply of clean, net-zero-emissions, synthetic gasoline, aviation fuel, and diesel for transportation.
The Clean Energy Ministerial captures the policy intentions of its government members from 24 nations and the European Commission. These countries represent over 90% of total global energy consumption. The conference is attended by the energy ministers from member governments.
At the 2018 CEM in Copenhagen, Canada, Japan, and the United States launched a new CEM initiative, called the Nuclear Innovation Clean Energy Future, or NICE Future. This initiative seeks to draw policy attention to the role of clean and reliable nuclear energy in bolstering economic growth, energy security, and environmental responsibility.
NICE Future gives particular focus to innovative industrial applications of advanced nuclear energy systems that are beyond the traditional role in on-grid power provision. Recently the United Arab Emirates and United Kingdom also joined the NICE Future initiative, and other member nations and non-member nations are indicating their interest to do so.
About Clean Energy Ministerial
The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programs that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy. Initiatives are based on areas of common interest among participating governments and other stakeholders. The Framework for the Clean Energy Ministerial, adopted at the seventh Clean Energy Ministerial in 2016, defines the CEM governance structure and outlines the mission statement, objectives, membership, and guiding principles.
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.
Phone: (416) 822-3130
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Clean Energy Ministerial
Molten Salt Reactor
Government of Canada