In the News

Grist

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.
Idaho Business Review

Idaho Business Review: Northwest — including Idaho — is a hotbed of nuclear research

“The Pacific Northwest seems to be a magnet for innovative and traditional nuclear power,” Dr. James Conca, a nuclear expert, recently wrote in Forbes.
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.
World Nuclear News

Companies team up to site IMSR in Idaho

Terrestrial Energy USA and Energy Northwest have agreed to a memorandum of understanding on the terms of the possible siting, construction and operation of an Integral Molten Salt Reactor (IMSR) at a site at the Idaho National Laboratory in southeastern Idaho. Terrestrial Energy USA is an affiliate of Terrestrial Energy Inc and is developing the IMSR for deployment in the US market.
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.