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Updates

Terrestrial Energy Awarded US Government Grant for IMSR Development

CHARLOTTE, NC – November 24, 2021 – Terrestrial Energy USA was awarded a $3 million grant from the U.S. Department of Energy (DOE) to support licensing and commercialisation of its Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

GreenBiz

Terrestrial Energy’s Simon Irish on the potential of their Integral Molten Salt Reactors

John Davies, Senior Vice President & Analyst at GreenBiz, interviewed Simon Irish, Chief Executive Officer at Terrestrial Energy, during VERGE 21 (October 25-28, 2021).
Power Magazine

Terrestrial Energy Launches 390-MW Molten Salt Nuclear Reactor Design

Terrestrial Energy has unveiled an upgraded 390-MWe design of its Integral Molten Salt Reactor (IMSR) power plant to meet utility requirements and boost its cost-competitiveness as part of an effort to ramp up its candidacy for deployment at Ontario Power Generation’s (OPG’s) Darlington Nuclear Generating Station.

Nuclear Energy Is Back. Now, Let’s See Canada’s Offer

By Simon Irish

There was some familiarity in the cycle of hope and disappointment we have grown used to at the UN climate meetings known as COP, but one thing was very different at COP26 in Glasgow – nuclear energy finally took its seat at the table.

Nuclear energy’s presence at COP26 came as a double whammy.

World Nuclear News

Canadian SMR to offer ‘once in a generation’ economic windfall – study

Construction of a small modular reactor (SMR) at Darlington in Ontario will open up global export markets worth many hundreds of billions of dollars over the next several decades for whichever technology is chosen by Ontario Power Generation (OPG), a new study prepared for SMR developer Terrestrial Energy has found.

Terrestrial Energy’s IMSR®400 Economic Benefit Assessment

An assessment prepared by Hatch Ltd. of the economic impact for Terrestrial Energy’s small modular reactor power plant (IMSR®400) in Ontario

Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study

Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study

· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids

· Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050

· Only Generation IV reactor technology will dramatically improve the economics of nuclear power generation to allow Canada to maximize the benefits and perpetuate its traditional leadership in commercial nuclear power

· Choosing a Canadian Generation IV reactor technology, rather than a technology developed outside of Canada, has the greatest potential to boost employment for Canadian companies many times over and maximize GDP benefits for Ontario and Canada

Oakville, Ont.

Terrestrial Energy Awards Major Component Design Contracts to BWXT Canada

Oakville, Ontario – October 26, 2021 – Terrestrial Energy has awarded BWXT Canada Ltd. engineering design contracts for steam generators and heat exchangers for use in the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

IMSR®400 Power Plant Fly-Through

This animation shows the interior of the IMSR®400 power plant in the configuration proposed for the Darlington site. The IMSR®400 power plant uses twin Integral Molten Salt Reactors (IMSR®s), which operate at nearly 50 percent higher thermal efficiency than conventional reactors for better performance.

Learn More About Terrestrial Energy

Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).