ThorCon

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ThorCon International is a privately held company founded in 2016 and headquartered in Washington USA. Its primary focus is the TMSR-500 thorium based molten salt reactor which it has designed for deployment in Indonesia. It is seeking funding to build a non fission test platform. [1]

In December 2015, Thorcon signed a memorandum of understanding with three Indonesian companies to develop its molten salt reactor technology in Indonesia. [2]

In April 2018, the United States Department of Energy awarded Thorcon $400,000 as a GAIN research project to be conducted jointly by ThorCon USA Inc and Argonne National Laboratory. [3] [4]

In July 2019, Thorcon signed a deal with PAL Indonesia to study and build a 500MWe reactor, with plans to invest $1.2 billion to build a full plant in Indonesia, [5] following the completion [6] of the feasibility study. [7]

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References

  1. "Floating Nuke Power Plants Get Backing From Quant Investor". Bloomberg.
  2. "Indonesia and ThorCon to Develop Thorium MSR". International Thorium Energy Organization. Retrieved 12 January 2016.
  3. DOE. "GAIN Voucher Recipients 1st Round - 30 Apr 2018" (PDF).
  4. DOE. "Electroanalytical Sensors for Liquid Fueled Fluoride Molten Salt Reactor" (PDF).
  5. "PAL Indonesia, Thorcon sign deal to build $1.2 billion nuclear reactor". Reuters. July 18, 2019 via www.reuters.com.
  6. "Indonesia Validates ThorCon". June 2019.
  7. "A Thorium Molten Salt Reactor when and Where You Need It". May 2019.