In the News

American Public Power Association

APPA: DOE Funding for Advanced Nuclear Technology Impacts Public Power

Meanwhile, the DOE also announced technical voucher awards to U.S. companies selected under the DOE’s Gateway for Accelerated Innovation in Nuclear (GAIN) initiative. Included among the companies selected to receive GAIN technology development vouchers is Terrestrial Energy USA ($500,000). Terrestrial Energy USA in a May 2 news release said that it received an award for advanced nuclear instrumentation development work at Oak Ridge National Laboratory, a U.S.
Nuclear Energy Insider

Nuclear Energy Insider: Nuclear hydrogen economics could favor small modular designs

Terrestrial Energy says its Integrated Molten Salt Reactor can produce heat at around 600 degrees celsius and could supply energy intensive processes such as hydrogen production, desalination and petrochemical refining...[It] is one of several advanced reactor developers leading the charge and hopes to build its first plant in North America in the 2020s.
POWER magazine

POWER magazine: Could Advanced Reactor Technology Save the Nuclear Industry?

Terrestrial Energy offered details about a less-conventional advanced nuclear design...touting Terrestrial’s 400-MWth (192-MWe) liquid-fueled SMR. Called the IMSR (Integral Molten Salt Reactor), it incorporates many aspects of molten salt reactor operation researched, demonstrated, and proven in test reactors at ORNL in the 1960s.
U.S. Department of Energy

U.S. DOE: Secretary of Energy Rick Perry Announces $60 Million for U.S. Industry Awards in Support of Advanced Nuclear Technology Development

The U.S. Department of Energy has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies.
Public Power Daily

Public Power Daily: Energy Northwest enters MOU tied to advanced reactor

“We initially met with Terrestrial Energy back in 2015. Right now, we’re focused on advising Terrestrial as they assess a site for commercial operation,” said Mike Paoli, a spokesman for Energy Northwest.
HBS Working Knowledge

HBS Working Knowledge: Why Private Investors Must Fund ‘New Nuclear’ Power Right Now

Professor Joseph Lassiter writes: "I have high hopes for the promising technology category known as 'new nuclear,' which offers the potential to dramatically reduce costs and rapidly ramp up installations when compared to today’s nuclear power plants.
MIT Technology Review

MIT Technology Review: Advanced nuclear technology just got a big green light from Congress

The US Senate has passed a bill that could accelerate the development of advanced nuclear reactors, providing a boost to technologies that promise to make nuclear power cheaper, safer, and easier to build...Startups, like Terrestrial Energy, are developing molten-salt reactors that should be safer and produce less waste.
Nikkei Asian Review

Nikkei: Bill Gates and China Spur Development of Next-Generation Reactors

Terrestrial says its 190,000-kilowatt reactor requires an upfront investment of less than $1 billion, resulting in kilowatt-per-hour costs of less than 5 cents, a price competitive with power from natural gas.

Terrestrial Energy’s Simon Irish at NY Times 2017 ClimateTECH

On November 30, 2017, Terrestrial Energy CEO Simon Irish explained why nuclear will be a clean energy solution to climate change at The New York Times’s 2017 ClimateTECH conference, with Lisa Friedman and Michael Shellenberger.

The New York Times

New York Times: How to Fix Global Warming: We Talk to Tech Innovators, Entrepreneurs and Political Leaders

I’ll be sitting down with Michael Shellenberger, founder of Environmental Progress, and Simon Irish, chief executive of Terrestrial Energy, to talk about the role of nuclear energy.