Oakville, Ontario – February 20, 2020 – Over the last two years, governments and corporations have been stepping up and announcing net-zero carbon targets for energy supply. These targets cannot be achieved by removing carbon emissions from the electric power sector alone. They require a carbon-free alternative to the near exclusive use of fossil fuel energy in the industrial heat and transportation sectors. Net-zero carbon targets apply to the whole energy system.
In May 2018, at the 9th Clean Energy Ministerial, Canada, the United States and Japan launched the “Nuclear Innovation: Clean Energy Future” (NICE Future) initiative. This sets out a vision of an energy system that can achieve net-zero energy supply with advanced nuclear energy generation coupled to variable renewable power to deliver net-zero carbon energy supply across the three critical energy demand sectors: electric power, industrial heat and transport. This system is termed a Hybrid Energy System (HES), and it builds on work undertaken at leading national laboratories, including Idaho National Laboratory in the United States.
Terrestrial Energy is pleased to present a short animation of an HES that is enabled by the company’s Integral Molten Salt Reactor (IMSR) high-temperature advanced nuclear technology.
“This short video provides an excellent vision of a net-zero carbon energy system, and the IMSR power plant’s ability to supply high-temperature heat gives it a potentially unique role,” said Simon Irish, CEO of Terrestrial Energy. “The video highlights the commercial opportunities enabled by IMSR technology and by reliable, affordable clean energy supply.”
The animation can be seen here.
Still image from Terrestrial Energy’s animation of a Clean Hybrid Energy System
IMSR technology opens up further game-changing industry activities, such as affordable clean hydrogen production on large industrial scale, and by extension, with existing chemical technologies, synthetic carbon-neutral transport fuel production. Directly and indirectly, IMSR provides a path to a net-zero carbon energy system using existing renewable and chemical technologies. This system is capable of extending many benefits not just to OECD nations but equitably, for the economic growth and environmental needs of non-OECD nations as well.
Learn more about the capabilities of Terrestrial Energy’s IMSR power plant here.
About Terrestrial Energy
Terrestrial Energy is a developer of Generation IV advanced nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. IMSR technology represents true innovation in cost reduction, versatility and functionality of nuclear power plants. IMSR power plants will provide zero-carbon, reliable, dispatchable, cost-competitive electric power and high-grade industrial heat for use in many industrial applications, such as chemical synthesis and desalination, and in so doing extend the application of nuclear energy far beyond electric power markets. They have the potential to make important contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support 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 is engaged with regulators and industrial partners to complete IMSR engineering and to commission first IMSR power plants in the late 2020s.
Website: www.terrestrialenergy.com
E-mail: info@terrestrialenergy.com
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