In the News

In the ongoing quest to mitigate the effects of climate change, new technology can create new solutions. Even today, however, coal is still a main source of power around the globe, often out of necessity.

Canada’s Terrestrial Energy and Invest Alberta (the Government of Alberta’s crown corporation promoting high-value investments) have signed a Memorandum of Understanding (MOU) to support commercialisation of Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) Generation IV small modular reactor (SMR) plant in Western Canada.

A Memorandum of Understanding between the nuclear technology company and Invest Alberta supports commercialisation of Terrestrial Energy's Integral Molten Salt Reactor with a focus on reducing emissions in the oil and gas, and petrochemical industries.

The Canadian Nuclear Safety Commission (CNSC) and the US Nuclear Regulatory Commission (NRC) have had agreements since 2017 to cooperate in reviewing advanced reactor and small modular reactor (SMR) technologies.

The Australian Nuclear Science and Technology Organization (ANSTO) and Terrestrial Energy are to explore ANSTO's Synroc proprietary waste treatment technology for used fuel management from the operation of Terrestrial's Integral Molten Salt Reactor (IMSR).

The United States and Canada have a lot to collaborate on in the nuclear energy field, and they seem to be doing a good job of it.

In late September, Terrestrial Energy unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station.

John Davies, Senior Vice President & Analyst at GreenBiz, interviewed Simon Irish, Chief Executive Officer at Terrestrial Energy, during VERGE 21 (October 25-28, 2021).

Terrestrial Energy has unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station.

Construction of a small modular reactor (SMR) at Darlington in Ontario will open up global export markets worth many hundreds of billions of dollars over the next several decades for whichever technology is chosen by Ontario Power Generation (OPG), a new study prepared for SMR developer Terrestrial Energy has found.