Updates

Nuclear generation as we know it may be dead, but the future of nuclear is bright. There are over 50 start-ups in North America developing generation IV reactor designs with $1.3 billion in investments.

Terrestrial Energy has contracted BWXT Canada Ltd for technical consultation and design assistance in the development of steam generators and heat exchangers for its Integral Molten Salt Reactor (IMSR), which entered the second phase of a vendor design review by the Canadian Nuclear Safety Commission (CNSC) in October.

The Canadian government now joins the United States and the United Kingdom to state the importance of Generation IV SMRs in a national energy system.

Nuclear power’s image problem has stunted investment for years. Now, as the threat of climate change looms larger, cutting-edge start-ups are bringing the energy source back into the conversation.