OAKVILLE, ON – May 8, 2018 – Terrestrial Energy’s CEO Simon Irish is expected to speak on the transformative potential of Advanced Nuclear technology at the upcoming “Energy Disruptors Unite” 2018 conference in Calgary. The keynote speaker will be Sir Richard Branson, founder of Virgin Group. The Advanced Nuclear panel will be moderated by Michael Liebreich, founder of Bloomberg New Energy Finance.
“Advanced Nuclear technologies are more than Energy Disruptors, they are game-changers,” said Terrestrial Energy CEO Simon Irish. “Our IMSR Advanced Nuclear power plant can produce enormous quantities of the safest, cleanest and most reliable heat and power. And, since Terrestrial Energy’s IMSR is also designed to produce electricity or industrial heat at prices competitive with fossil fuels, yet emit no pollution or greenhouse gases, it is the big solution we have been looking for. It has enormous potential to transform global energy supply.”
Terrestrial Energy’s IMSR is a small modular reactor that uses a completely different nuclear technology—molten salt fuel instead of conventional solid fuel, and its design is simpler, less expensive and much more versatile than conventional nuclear power plants. The Company is working aggressively to bring its technology to market and expects the first IMSR power plants to be online in the 2020s.
Terrestrial Energy has successfully completed the first phase of the Canadian Nuclear Safety Commission’s Vendor Design Review for IMSR power plant design, a first for an Advanced Nuclear reactor. The Company is working closely with the CNSC towards the successful planning and completion of phase two, the Company’s next key milestone.
Learn more about the Energy Disruptors: Unite 2018 conference.
About Terrestrial Energy
Terrestrial Energy is a developer of Advanced Nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. This technology represents true innovation in cost reduction, versatility and functionality. IMSR power plants will provide clean, convenient, dispatchable and cost-competitive heat for many industrial applications, including electric power provision and heat for industrial processes, such as chemical synthesis and desalination. They extend the application of nuclear energy far beyond electric power markets. IMSR power plants promise to transform industrial competitiveness, energy security, and drive economic growth. Their deployment can realize 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 plans to bring IMSR power plants to markets in the 2020s.
Contact:
Jarret Adams
Terrestrial Energy
Phone: (202) 815-9234
Email: jadams@fulloncom.com
Contact:
Brian Smith
Terrestrial Energy
Phone: (416) 822-3130
Email: bsmith@the-lanes.ca
Website: www.terrestrialenergy.com
E-mail: info@terrestrialenergy.com
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