Updates

Oakville, Ontario, Canada – April 1, 2021 – Terrestrial Energy has signed an engineering and construction services agreement with Aecon Group Inc.

Frankenthal, Germany and Oakville, Ontario, Canada – March 17, 2021 – Terrestrial Energy has awarded KSB Pumps a supply contract to develop and manufacture primary pumps for use in the Integral Molten Salt Reactor (IMSR®), a Generation IV advanced nuclear power plant.

Conventional nuclear and its technology and design choices now come at an unacceptably high cost. The IMSR® Generation IV Reactor is poised to dramatically shift Nuclear Energy’s competitive position in global energy market.

“We don’t see a path where we reach net-zero carbon emissions by 2050 without nuclear,” said Seamus O’Regan, Canada’s natural-resources minister. “It is proven, it is tested and it is safe.

Molten salt reactors (MSRs) present a new approach to industrial fission power. The nuclear fuel is dissolved in a high-temperature alkali-halide melt, such as lithium fluoride or sodium chloride, and circulates about the primary loop between the fissioning core and primary heat exchangers.

Small modular reactors are drawing the attention of policy makers across the U.S. and Europe because of their versatility. They can deliver a steady flow of energy both in the form of heat and electricity.