In the News
July 25, 2018 In the News
What will really determine nuclear energy’s fate is whether the nuclear community can change the conversation about this technology that has proven its worth many times over.
July 24, 2018 In the News
Simon Irish saw that countries around the globe needed to build a boggling amount of clean-power projects to replace their fossil fuel infrastructure, while also providing enough energy for rising demand from China, India, and other rapidly growing countries.
July 23, 2018 In the News
New reactors could also reduce costs by being safer. Conventional reactors have a fundamental risk of meltdown, largely because they were designed to power submarines.
July 21, 2018 In the News
Terrestrial is far from alone. Dozens of nuclear startups are popping up around the country, aiming to solve the well-known problems with nuclear power — radioactive waste, meltdowns, weapons proliferation, and high costs.
July 18, 2018 In the News
Grist: Next-gen Nukes; Scores of nuclear startups are aiming to solve the problems that plague nuclear power
At a conference in 2011, Simon Irish, an investment manager in New York, met an engineer with an innovative design for a nuclear reactor cooled by molten salt.
July 11, 2018 In the News
“The Pacific Northwest seems to be a magnet for innovative and traditional nuclear power,” Dr. James Conca, a nuclear expert, recently wrote in Forbes.
May 4, 2018 In the News
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.
May 2, 2018 In the News
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.
May 1, 2018 In the News
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.
April 27, 2018 In the News
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.