Terrestrial Energy will double the power of the Integral Molten Salt Reactor (IMSR®) nuclear power plant design. It is now called IMSR®400 and will generate net 390 MW of electric generation capacity for grid supply from twin reactors and generators. This upgrade, in response to utility requirements, further increases the cost-competitiveness of the IMSR®400 as a clean, safe and reliable source of energy. Terrestrial Energy is making small and modular nuclear power plants that use its proprietary Integral Molten Salt Reactor (IMSR®) technology.
Terrestrial Energy’s IMSR®400 is one of three Small Modular Reactor (SMR) power plant designs under consideration for deployment at Ontario Power Generation’s Darlington Nuclear Generating Station. It is one of two Generation IV technology candidates, and the only Canadian technology candidate. Terrestrial Energy’s Oakville operation represents the largest SMR power plant technology development project in Canada.
The IMSR®400 is a proprietary power plant design drawing on Generation IV reactor technology developed and demonstrated over many decades. Using Generation IV molten salt reactor technology, the IMSR®400 generates electric power 50 percent more efficiently than conventional nuclear power plants that use water cooled and moderated reactor technology. With this 50 percent efficiency improvement, the IMSR®400 has a reduced capital requirement and waste footprint, and improved economics per kWh of electricity for new nuclear power plants.
In 2016, they became the first Generation IV reactor developer to submit a power plant design to the Canadian Nuclear Safety Commission (CNSC), Terrestrial Energy has been committed to the CNSC’s Vendor Design Review process. They completed Phase 1 in 2017 and expect to complete Phase 2 by early 2022. Since late 2019, the company has also been engaged with the CNSC and the U.S. Nuclear Regulatory Commission (NRC), as the two regulatory agencies collaborate to develop licensing practices to support efficient reviews of Generation IV nuclear power plants.
The IMSR® power plant’s 700°C high temperature operation achieves greater than 44 percent thermal efficiency for electric power generation, a game-changer. Conventional reactors use water and are forced to operate a much lower temperatures of no more than 300°C and are limited to 33 percent thermal efficiency; small conventional reactors are unable to reach 30 percent. The 50 percent greater thermal efficiency of IMSR® power plants translates directly to 50 percent more electricity generated, and by extension, to 50 percent more revenues and lower costs per unit of electricity.
In electric power markets, IMSR® power plants can generate dispatchable power at a levelized cost of under U.S. $50 per megawatt-hour. This is cost-competitive with natural gas and coal, and never faces the prospect of carbon penalties.
In industrial heat markets, IMSR® plants have the potential to be cost-competitive with natural gas and heating oil. They provide an in-furnace cost of heat of less than U.S. $6 per MMBtu, within U.S. $2.50 of North American in-furnace natural gas costs.
SOURCES- Terrestrial Energy, gordonmcdowell
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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