Updates

Terrestrial Energy Names McMaster University Research Chair in Nuclear Safety Analysis John Luxat to Advisory Board

OAKVILLE, ON – May 16, 2018 – Terrestrial Energy announced today that it has named Dr. John Luxat to its Advisory Board.

Terrestrial Energy CEO Simon Irish to Speak at Energy Disruptors Conference on Game-Changing Potential of Advanced Nuclear

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.

American Public Power Association

APPA: DOE Funding for Advanced Nuclear Technology Impacts Public Power

Meanwhile, the DOE also announced technical voucher awards to U.S. companies selected under the DOE’s Gateway for Accelerated Innovation in Nuclear (GAIN) initiative. Included among the companies selected to receive GAIN technology development vouchers is Terrestrial Energy USA ($500,000). Terrestrial Energy USA in a May 2 news release said that it received an award for advanced nuclear instrumentation development work at Oak Ridge National Laboratory, a U.S.
Nuclear Energy Insider

Nuclear Energy Insider: Nuclear hydrogen economics could favor small modular designs

Terrestrial Energy says its Integrated Molten Salt Reactor can produce heat at around 600 degrees celsius and could supply energy intensive processes such as hydrogen production, desalination and petrochemical refining...[It] is one of several advanced reactor developers leading the charge and hopes to build its first plant in North America in the 2020s.

Terrestrial Energy USA Receives U.S. Department of Energy Award for Advanced Nuclear Instrumentation Development Work at Oak Ridge National Laboratory

NEW YORK – May 2, 2018 – Terrestrial Energy USA has received an award from the U.S. Department of Energy for Advanced Nuclear instrumentation development work at Oak Ridge National Laboratory, a U.S.

POWER magazine

POWER magazine: Could Advanced Reactor Technology Save the Nuclear Industry?

Terrestrial Energy offered details about a less-conventional advanced nuclear design...touting Terrestrial’s 400-MWth (192-MWe) liquid-fueled SMR. Called the IMSR (Integral Molten Salt Reactor), it incorporates many aspects of molten salt reactor operation researched, demonstrated, and proven in test reactors at ORNL in the 1960s.
U.S. Department of Energy

U.S. DOE: Secretary of Energy Rick Perry Announces $60 Million for U.S. Industry Awards in Support of Advanced Nuclear Technology Development

The U.S. Department of Energy has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies.
Public Power Daily

Public Power Daily: Energy Northwest enters MOU tied to advanced reactor

“We initially met with Terrestrial Energy back in 2015. Right now, we’re focused on advising Terrestrial as they assess a site for commercial operation,” said Mike Paoli, a spokesman for Energy Northwest.
HBS Working Knowledge

HBS Working Knowledge: Why Private Investors Must Fund ‘New Nuclear’ Power Right Now

Professor Joseph Lassiter writes: "I have high hopes for the promising technology category known as 'new nuclear,' which offers the potential to dramatically reduce costs and rapidly ramp up installations when compared to today’s nuclear power plants.

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