Industry | Nuclear Power |
---|---|
Founded | 2012 |
Headquarters | Charlotte, North Carolina |
Key people | Simon Irish (CEO) |
Website | https://www.terrestrialenergy.com/ |
Terrestrial Energy is a nuclear technology company working on Generation IV nuclear technology. [1] It expects to produce cost-competitive, high-temperature thermal energy with zero emissions. The company is developing a 195 MWe Integral Molten Salt Reactor (IMSR) design [2] and completed its Pre-Licensing Vendor Design Review [3] in 2023 with the Canadian Nuclear Safety Commission. [4]
The IMSR uses molten salt reactor technology and is one example of a small modular reactor (SMR) characteristic of Generation IV nuclear reactor designs.
Terrestrial Energy claims two principal advantages over legacy nuclear power plants. First, construction is meant to take 4 years, versus 8-12 for legacy designs. Second, the Terrestrial Energy IMSR plant can be used to generate either electricity or industrial steam. [1]
Relative to other Generation IV designs, Terrestrial Energy’s IMSR uses no unproven engineering concepts, instead leveraging proven technologies in a unique way. This is meant to reduce licensing and timeline risks that have slowed the adoption of other approaches.
Alberta, Ontario, New Brunswick and Saskatchewan began jointly working to advance SMR in April 2021. https://www.nextbigfuture.com/2022/08/terrestrial-energy-and-alberta-commercializing-smr-reactor.html
The plant is designed for industrial cogeneration as well as power generation.
The reactor uses molten salt/uranium blend as both fuel and coolant. [5]
A nuclear reactor is a device used to initiate and control a fission nuclear chain reaction. Nuclear reactors are used at nuclear power plants for electricity generation and in nuclear marine propulsion. When a fissile nucleus like uranium-235 or plutonium-239 absorbs a neutron, it splits into lighter nuclei, releasing energy, gamma radiation, and free neutrons, which can induce further fission in a self-sustaining chain reaction. The process is carefully controlled using control rods and neutron moderators to regulate the number of neutrons that continue the reaction, ensuring the reactor operates safely. The efficiency of energy conversion in nuclear reactors is significantly higher compared to conventional fossil fuel plants; a kilo of uranium-235 can release millions of times more energy than a kilo of coal.
A molten-salt reactor (MSR) is a class of nuclear fission reactor in which the primary nuclear reactor coolant and/or the fuel is a mixture of molten salt with a fissile material.
BWX Technologies, Inc., headquartered in Lynchburg, Virginia, USA is a supplier of nuclear components and fuel to the U.S.
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Small modular reactors (SMRs) are a class of small nuclear fission reactors, designed to be built in a factory, shipped to operational sites for installation and then used to power buildings or other commercial operations. The first commercial SMR was invented by a team of nuclear scientists at Oregon State University (OSU) in 2007. Working with OSU's prototype, NuScale Power developed a design approved by the Nuclear Regulatory Commission and in 2022 began to market it in the US. The term SMR refers to the size, capacity and modular construction. Reactor type and the nuclear processes may vary. Of the many SMR designs, the pressurized water reactor (PWR) is the most common. However, recently proposed SMR designs include: generation IV, thermal-neutron reactors, fast-neutron reactors, molten salt, and gas-cooled reactor models.
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Holtec International is a supplier of equipment and systems for the energy industry. Founded in Mount Laurel, New Jersey in 1986, Holtec International is a privately-held technology company with domestic operation centers in New Jersey, Florida, Ohio and Pennsylvania and worldwide in Brazil, India Japan, Mexico, Poland, South Africa, Spain, U.K. and Ukraine. It specializes in the design and manufacture of parts for nuclear reactors. The company sells equipment to manage spent nuclear fuel from nuclear reactors.
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